A new bill would allow workers 50 and older to roll over 401(k) funds into annuities and simplify 401(k) rollover information provided to workers departing from jobs.

Genworth Life and Annuity Insurance filed an interpleader action on Oct. 13 in Arizona District Court seeking to resolve competing claims to more than $296,000 in annuity payments. The lawsuit, ...

KJC America Inc. was sued on Dec. 19 in California Superior Court for Los Angeles County. The lawsuit was brought by AWB Law on behalf of TIAA, a nonprofit financial planning organizations for ...

The SECURE 2.0 Act helped pave the way for employers to offer workers annuities in their retirement plans. Most recently, Vanguard began offering employees regular payouts within 401(k) plans. An ...

Social Security replaces about 40% of pre-retirement wages for typical earners. Annuities provide guaranteed lifetime income similar to Social Security but require upfront payment to an insurance ...

Accidental death and dismemberment insurance provides financial protection if you’re killed or seriously injured in an accident, but be aware of exclusions Written By Written by Insurance Writer, Buy ...

Understanding the nuances of how each product works is essential to determining whether they’re right for your financial goals — or how they might even work together. But comparing the ins and outs of ...

The heat and hiss of molten steel swirled around Bill Schoen as he worked almost four decades at the Allegheny Technologies Inc. mill near Pittsburgh. Under the glow of furnaces he swept floors, ...

Nov 6 (Reuters) - Abu Dhabi-backed financial investor Aquarian Capital has agreed to take private U.S. life insurance and annuity provider Brighthouse Financial (BHF.O), opens new tab in a $4.1 ...

The annuities marketplace is banking on continued investment from private equity to keep up with product demand, as US annuity sales increased 8 percent year-over-year to a record $119.2 billion in ...

Oneglobal Broking, the JC Flowers and Co majority-owned London-based international retail and wholesale insurance broker, has acquired Life and Annuity Services Ltd. Highlighting the move as a major ...

Three decades after the first insurance company tied a product return to an index, those now-fully mature indexed products continue to dominate sales, innovation and regulatory discussions. The allure ...