Steven A. Morelli is a contributing editor for InsuranceNewsNet. He has more than 25 years of experience as a reporter and editor for newspapers and magazines. He was also vice president of communications for an insurance agents’ association. Steve can be reached at [email protected].
“Things are different this time” they say, but things are awfully familiar too, especially with the effects of deregulation.
A bipartisan group of senators proposed legislation and has asked the Social Security Administration to help Americans better understand the optimal time for them to claim their benefits.
More Americans are looking to use their tax refund to pay down debt or build up savings, according to a Bankrate survey. But they are (rightfully) worried that they are going to get less back this year.
Women are retiring earlier than expected and are not happy about having to manage their own retirement planning, according to the annual Goldman Sachs Retirement Survey & Insights Report.
Faegre Drinker analysts said the Biden administration’s final Department of Labor ESG rule found middle ground when it became effective on Jan. 30 but Republicans are still taking aim.
A new project corrected data from 2018, showing that Americans over 65 were 27.3% richer in that year than previously thought.
: By 2030, a third of those over 65 expect to be working, but few are factoring in the real threats to retirement security, according to a survey from Voya and Easterseals.
Food and energy prices continue to push inflation, but LPL Financial analysts are seeing the case for a soft landing this year.
Although Brighthouse Financial is focused on registered index-linked annuities, the company had a boost in fixed deferred annuities in the fourth quarter because of high interest rates.
Apollo rides to a good year with Athene’s strong fixed index annuity sales and vows to take on all comers in the space.
A New York appeals court allows a family to fight over benefits from a policy that two beneficiaries would have let lapse if it weren’t for their mother, who now wants to cut them out.
A recent study from the Boston College Center for Retirement Research suggests that pessimism has less of an effect on annuity sales than might be expected.
Annuities are lovely things for retirement income, but there isn’t nearly enough poetry about them.
Less educated people tend to live shorter lives, so they should delay Social Security and use their retirement funds as a bridge, while better educated have longevity and should buy an annuity and not delay Social Security, according to a study.
Will artificial intelligence replace financial advisors or insurance agents anytime soon? The consensus is that it won’t in the near future, but AI can provide some assistance and a little bit of fun in the meantime.
A tax lawyer is the latest critic to say SECURE 2.0 did little to help those who need it most, while proponents say it opens the door wider to retirement security.
Americans aging with their student debt can expect any delinquencies to come out of their Social Security checks, disproportionately affecting Black and Hispanic borrowers. A recent report showed that loan forgiveness can blunt that impact.
Contrary to other market observers, Morningstar analysts say the economy and stocks will rebound in the second half of the year and spring into 2024.
Leading analysts at Morgan Stanley and Goldman Sachs are saying that the market is not pricing in how bad things will get for companies this year, while a recent survey showed investors are trending neither bullish not bearish but neutral.
Indexed universal life is expected to have had a record year in 2022 when the fourth quarter is tallied. But new regulatory guidance this year might disrupt the streak.
