LIMRA reported a new sales record of $120 billion in the year’s third quarter. More than half (51%) of Generation X respondents told the Nationwide Retirement Institute in a recent online survey that ...
The federal government’s backlog of pending retirement claims hit the highest level since the COVID-19 pandemic last month, as tens of thousands of federal workers who accepted the Trump ...
If clients have been on the fence about buying annuities, the industry’s cheerleaders say that there’s no better time than now to enter the marketplace. In fact, they say, consumer interest in ...
TROY, Mich.: 28 Oct. 2025 — As the broader financial services industry is pushing to deliver more personalized, digital-first experiences, the annuities industry is struggling to keep pace.
Annuity market sales are projected to reach $450 billion in 2025, roughly double the volume seen in 2020, due to retirement plan participants’ desire for predictable income. As defined contribution ...
Employers have done a lot of work over the past two decades to make it as simple as possible for American workers to save for retirement. Many employers automatically enroll new hires into 401(k) ...
Retirement researchers are often enthusiastic about annuities, but many consumers are reasonably skeptical. Here to discuss basic information about annuities and their pros and cons is Christine Benz, ...
Stubbornly higher inflation has triggered more retirees to buy annuities where the income they get increases each year in line with consumer prices – as well as products that pay out more if you are ...
Total US annuity sales reached $119.5 billion in the second quarter, an 8% increase from a year ago and the highest quarterly result on record, according to LIMRA’s latest US Individual Annuity Sales ...
Total U.S. annuity sales increased 8% year over year to a record high $119.5 billion in the second quarter, according to LIMRA’s U.S. Individual Annuity Sales Survey, which represents 92% of the total ...
(NEXSTAR) — The current Powerball jackpot, which has been building since May, has grown again ahead of Wednesday’s jackpot. Originally estimated at $1.3 billion after Monday’s drawing, the grand prize ...