Brighthouse Financial adds to Shield Level annuity suite with new product

Prudential Financial, Inc. announced that its FlexGuard product has reached a $10 billion total sales milestone since its launch in 2020, making it the fastest-growing indexed variable annuity in the industry, according to data from the Secure Retirement Institute. 1. “The success of FlexGuard is a testament to Prudential’ s continued focus on our customers…

–With industry surveys showing that most retirees' #1 fear is running out of money, 1 Insurance Agency Marketing Services, Inc. is pleased to highlight Annuity Awareness Month and the importance of annuities as a vehicle for secure retirement income. On Monday, July 11, IAMS' Executive Vice President and General Counsel Chris Conroy joined Nebraska Governor…

Lottery ticket bought in Illinois wins $1.337 billion. CHICAGO A single ticket bought in a Chicago suburb beat the odds and won a $1.337 billion Mega Millions jackpot. The $1.337 billion prize is for winners who choose the annuity option, paid annually over 29 years.

Businesses in Alton that sell lottery tickets have been seeing an increase in sales because of the potential prize. Stephanie Newby, an employee of S-Mart on Broadway, said many customers since the last increase in the prize total have been buying $20 to $40 worth of tickets everyday. DJ Patel of the Shell Gas Station at the corner of Brown Street and Washington…

DES MOINES, Iowa— Now that the Mega Millions lottery jackpot has topped $1 billion— only the fourth time a lottery game has reached such heights— plenty of people who rarely play the game are considering risking $2 or joining an office pool in hopes of an immense payoff. Your chances of winning the jackpot always remain one in 302.5 million, regardless of whether the…

The Mega Ball was 16, and the Megaplier was 3 X. There was a Match 5 $1 million winner in Virginia and Match 5+ Megaplier $3 million winners in Delaware, New Jersey and New York. Mega Millions drawings are Tuesday and Friday at 11 p.m. Ticket sales end at 10:45 p.m. in Kentucky and Indiana.

Even if there’ s a lucky winner of the $810 million Mega Millions jackpot, that still doesn’ t mean they’ ll be walking away with $810 million. For Tuesday’ s $810 million prize, annuity would be about 30 average annual payments of $27 million. Of that, there is a 24% federal tax, which equals about $6.48 million, according to usamega.com.

Below are some reasons why women should consider using annuities to create more prosperous, less stressful retirements. If you're a woman in or near retirement, let me ask you this: "How do you plan to take what you've so diligently saved and turn it into a lifetime stream of dependable, predictable, tax-advantaged income?" If you're like many of us, you probably don't…

DES MOINES, Iowa— Lottery officials on Friday raised the Mega Millions grand prize to $790 million, giving players a shot at what would be the nation's fourth largest jackpot. The highlighted pre-tax $790 million prize is for a winner who takes an annuity option, paid out in 30 annual payments. Mega Millions is played in 45 states as well as Washington, D.C., and the U.S….

Great American Life Insurance Company ® expanded its fee-based product line with the launch of the new Index Achiever ® Advisory registered index-linked annuity. In today’ s volatile market, we recognize the importance of reducing downside risk while maintaining growth opportunity– and considering the record RILA sales we saw in 2021, we know that these…

–The same conditions that made the TIAA CREF variable annuity so revolutionary when it was introduced in July 1952 are again demonstrating the value of the innovative solution on its 70th anniversary. At the same time, life expectancy in the U.S. was steadily rising. "When the CREF Stock Account was developed, the economy faced great inflationary pressures, just…

Pacific Life has launched Pacific Choice ® 2, a new variable annuity, along with a new optional living benefit— Investment Guard. Pacific Choice 2 is an enhanced version of Pacific Life’ s flagship variable annuity— Pacific Choice ®— which has been available to consumers for nearly a decade. Pacific Choice 2 was designed to be more flexible and has choices…

Rising interest rates, high inflation, and a declining stock market can push many investors to question their investment selection, especially those looking at retirement in a few short years. As such, the Secure Retirement Institute reported total U.S. annuity sales are at their highest since 2008. Does it make sense to purchase annuities in times of…

MINNEAPOLIS – July 19, 2022 – To help clients who are looking for growth potential paired with a level of…

Global Atlantic Financial Group, a leading financial services company, announced the launch of ForeStructured Growth, the first registered index-linked annuity to be issued by a company subsidiary. The annuity provides retirees with meaningful growth potential alongside interest crediting strategies designed to limit the risk of performance losses.

RALEIGH– Costa Walton of Mint Hill will never forget July 6, 2022, the day a scratch-off ticket led to a $1 million win. Walton, 68, bought his lucky $30$ Millionaire Maker ticket from Flash Market on Old Monroe Road in Indian Trail. He could choose to receive the prize as an annuity of $50,000 over 20 years or a lump sum of $600,000.

Protective Life Corporation, a wholly owned U.S. subsidiary of Dai‑ ichi Life Holdings, Inc. today announced the launch of its Protective ® Aspirations Variable Annuity product, issued by its principal subsidiary Protective Life Insurance Company. According to a 2022 consumer survey, 1 the most important service consumers of all ages seek from a financial…