SOA Paper Examines Retirement Income Reality Gap
A recent paper sponsored by the...
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Death Benefit
When an insured party passes away, the amount of capital paid to the designated beneficiary or beneficiaries is referred to as the death benefit. Death benefits are commonly paid to beneficiaries of life insurance policies, annuities and some pensions.
Achaean Financial is Proving Innovation is Alive and Well in the Annuity Business
Lorry Stensrud, a seasoned executive turned entrepreneur, is on the leading-edge of retirement income product development with his new Venture Achaean Financial.
Achaean’s Income Plus+ product provides a relatively high level of guaranteed starting income while maintaining both...
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How is the value of an annuity calculated once you have started to receive payments in order to determine the IRS required minimum distributions?
Great question.
We are not tax / financial advisors, but will try to provide some information that points you in the right direction and enables you to present good questions to your advisors.
The relevant section of the IRS code appears to be: Treas. Reg. section 1.401(a)(9)-6, Q&A12
Note that there appear to have been some relevant modifications to the IRS code in 2006.
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New Deferred Income Annuity from NY Life
Submitted by Anonymous on
News on a recent deferred income annuity product release from New York Life:
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Western and Southern
Short Company Name:
Western and Southern
Long Company Name:
Western and Southern Life
Company Type:
Insurance Company
Web Site:
Phone Number:
866-832-7719
Fax Number:
513-362-2359
Year Founded:
1888
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