How Annuities Affect Social Security Benefits and Retirement Taxes

Explore how annuity payments impact Social Security benefits and retirement taxes. Learn tax implications, IRS provisional income rules, and strategic withdrawal tips to optimize retirement income.

AM Best: Rising Individual Annuity Surrenders Impact Profitability

AM Best report reveals a 27% drop in individual annuity profitability driven by rising surrenders and increased offshore reinsurance by private equity-owned insurers, influencing transparency and risk in 2024.

F&G Annuities & Life Stock Dips; Analysts Project Moderate Upside

F&G Annuities & Life Inc stock fell 3.23% to $31.46 with analysts projecting a 12.84% upside. Brokerage firms recommend holding the stock, reflecting moderate optimism in the insurance sector.

Bermuda Leads as Primary Offshore Reinsurance Hub for US Life/Annuity

Bermuda retains its top position in offshore reinsurance for US life and annuity insurers in 2024, accounting for over 40% of ceded reserves and enabling capital efficiency and growth despite a slowed reserve growth rate.

F&G Annuities & Life Added to Russell 2000 Defensive Index

F&G Annuities & Life, Inc. has been added to the Russell 2000 Defensive Index, highlighting its growing role in the insurance sector and defensive stock market segment.

Osaic Launches Direct Billing for Fee-Based Variable Annuities

Osaic introduces direct billing for select fee-based variable annuities, simplifying annuity management and enhancing operational efficiency for financial advisors.

GAO: Older Workers' Employment, Financial Stability Rebound to Pre-Pandemic Levels

GAO reports employment and financial stability for older U.S. workers have rebounded to pre-pandemic levels, with insights on retirement trends and labor policies affecting this demographic.

Brighthouse Financial Considers Sale of US Life Insurance and Annuity Business

Brighthouse Financial is exploring the sale of its US life insurance and annuity business, attracting bids from private equity firms TPG and Aquarian Holdings, signaling shifts in industry investment trends.

US Virgin Islands Advance Bills to Streamline GERS Disability Annuities, Honor NCSL

US Virgin Islands move to streamline disability annuity approvals in GERS, cutting bureaucratic delays and costs. Legislation also honors 50 years of the National Conference of State Legislatures.

TruStage Launches Flexible ZoneChoice Advantage Annuity for Retirement Planning

TruStage introduces the ZoneChoice Advantage Annuity, featuring innovative crediting strategies Boost and Dual Step, enhancing retirement planning flexibility and market stability for investors.