Generation X is approaching retirement with lower financial preparedness compared to Baby Boomers, facing challenges including reduced pensions, rising healthcare costs, and reliance on Social Security amid policy shifts like SECURE 2.0.

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

Congress considers pension reforms including expanded pension-linked emergency savings accounts and 401(k) annuity rollovers to enhance retirement preparedness and financial resilience.

The insurance industry pushes for tax benefits on annuity and pension products in the upcoming budget, aiming to enhance retirement savings and improve accessibility to life insurance.