Tag: annuity

PFRDA Lowers Mandatory Annuity to 20% for Non-Gov NPS Subscribers

The PFRDA's 2025 amendment halves the mandatory annuity purchase for non-government NPS subscribers from 40% to 20%, enabling up to 80% lump sum withdrawals with tax considerations.

Prudential Launches FlexGuard 2.0 with Enhanced Features for U.S. Retirement Market

Prudential Financial unveils FlexGuard 2.0, enhancing its registered index-linked annuity with greater flexibility, protection, and growth options for U.S. retirement investors.

Magnifact Launches Real-Time Annuity Tracking; Cohen & Steers and Guardian Life Expand Product Offerings

Magnifact launches real-time annuity tracking at Revol One; Cohen & Steers unveils two new ETFs; Guardian Life enhances index-linked annuity crediting strategies.

Vanguard and BlackRock Launch Target-Date Funds with Built-In Annuity Options

Vanguard and BlackRock introduce target-date mutual funds with embedded annuities, offering guaranteed lifetime income options within 401(k) plans starting 2026. Key insights on fees, liquidity, and retirement income strategies.

TIAA Institute Study Highlights Swiss and Chilean Retirement Models for US Reform

TIAA Institute report reveals how integrating annuity options in retirement plans boosts annuitization, highlighting Swiss and Chilean models as guides for US reform.

NexAnnuity Launches NexCompounder FIA with Market-Linked Growth and Principal Protection

NexAnnuity launches NexCompounder FIA, a fixed index annuity offering growth potential, principal protection, and tax-deferred benefits tailored for diverse retirement plans.

U.S. Annuity Sales Hit Record $121 Billion in Q3 2025, New York Life Climbs Rankings

U.S. annuity sales reached a record $121.2 billion in Q3 2025 with New York Life increasing sales by 50%, challenging market leader Athene. Registered annuities show strong growth amid market volatility.

TIAA Study Highlights Switzerland and Chile Models for U.S. Retirement Reform

TIAA Institute study finds integrated annuity options in Switzerland and Chile boost adoption over 50%, offering models to improve U.S. retirement security through hybrid plans and policy reform.

NexAnnuity Launches NexCompounder FIA for Diversified Retirement Growth

NexAnnuity introduces the NexCompounder Fixed Index Annuity offering diversified index strategies, principal protection, and tax-deferred growth to enhance retirement savings.

2024 Survey Reveals Widespread Challenges in U.S. Annuity Literacy Amid Rising Sales

The 2024 Policygenius survey shows 79% of Americans struggle to define annuities despite record sales, highlighting a crucial need for enhanced financial education and advisor transparency in the U.S. insurance market.