If you want to update a cash-value life insurance policy or annuity, you may have heard of the 1035 exchange. This IRS provision, based on Section 1035(a)(3) of the IRS code, allows you to exchange ...

Private equity firms are buying up insurers — and the policies they hold — at a feverish pace. Some groups, namely financial advisors, fear the trend may be bad for consumers who own annuity and life ...

Hang Seng Insurance announced the launch of the enhanced version of the FortuneLife Deferred Annuity Life Insurance Plan1 ('FortuneLife'), a Qualifying Deferred Annuity Policy ('QDAP'). This updated ...

I got a letter from my 401 (k) plan saying “Great news!” and that there’s “a new plan benefit offering steady income in ...

One of ACLI’s proposals would require defined contribution plans to offer an annuity option. Under the framework outlined to lawmakers, participants in plans such as 401 (k) and 403 (b) arrangements ...

It’s the traditional idea that you can safely withdraw that percentage — plus a little extra for inflation — of your savings each year and still make it through up to 30 years of retirement without ...

When it comes to insurance products, here’s one piece of advice: The key isn’t what the product is — it’s what the client wants to do with it. We’ve been trained to think each product has one specific ...

Most insurers pay out policies in a lump sum, but some companies offer installment payments. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

A consumer advocate is talking to state insurance regulators about a grave threat to the performance of life insurance ...

If your clients own life insurance or annuities they may soon be at risk for losing all the money they’ve put in. That dire warning comes from Larry Rybka, chairman and CEO of Valmark Financial Group ...

WEST HARTFORD, Conn. (Insure.com) -- If you have an annuity -- whether it's variable, fixed, or equity-indexed -- and you're thinking of dumping it, carefully consider the consequences of your ...