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Milliman's annual Guaranteed Living Benefits survey of leading U.S. variable annuity carriers provides insight into evolving experience regarding utilization rates for Guaranteed Living Withdrawal Benefits . Â Utilization is profiled by time since eligibility, the degree to which the benefit is in-the-money , and by attained age. Â Other trends in the GLB market are also tracked.
U.S. insurers’ sales of variable annuities jumped 24 percent in the first quarter, led by policies that promise lifetime income and protect against market declines, at a time when investors are still wary of stocks.
Older Americans are losing $2.9 billion annually to elder financial abuse, a 12% increase from the $2.6 billion estimated in 2008, according to “The MetLife Study of Elder Financial Abuse: Crimes of Occasion, Desperation, and Predation Against America’s Elders,” released today from the MetLife Mature Market Institute.
Now that I'm about 10 years away from retirement, I'd love to understand annuities better and learn which, if any, would be best for me? -- Alan Mina, Powell, Ohio
I have cited various examples of bad college advice related to college admissions, financial aid eligibility, affordability and saving for college throughout this blog (here, here and here) , and this time I am going to compare the impact of good and bad college advice on a student's real-world college admissions options, and the colleges she and her family can afford. I will use for my example ...
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