Longevity insurance is a term used to refer to a longevity annuity. A longevity annuity is a type of income annuity with a deferred payout period that commences at a future date. The longevity insurance owner pays a single lump sum or makes incremental premium payments to purchase an income annuity that will not begin payments for many years--possibly decades. For example, person may purchase longevity insurance at age 65 with the intent of locking-in a lifetime of guaranteed payments that begin at age 85. The longevity annuity is a relatively new but very powerful form of annuity.
The world is filled with investing indexes and benchmarks, and all professional investment managers measure their results relative to some type of performance standard such as the S&P 500.
On the retirement...
The Treasury Department just released a proposed set of regulations that could have a meaningful impact on the retirement income market in the U.S.
The Treasury’s guidance package builds on feedback received in response to the request for comments issued by the Labor and Treasury Departments last fall.
The...
Jody Strakosch is the National Director for MetLife’s Retirement Products Group. In this role, Jody has a broad perspective on developments in the institutional space. In other words, Jody is intimately familiar with how in-plan accumulation and point of retirement annuities are evolving in the defined contribution arena.
The...
Anna Rappaport is widely recognized as a leading expert on retirement systems, workforce issues, the impact of changing demographics and women’s...
