Ed Bambas, an 88-year-old Army veteran, benefits from a $1.5M crowdfunding effort after pension loss and healthcare coverage gaps exposed by GM bankruptcy, spotlighting insurance and retirement fund challenges.
The bankruptcy of General Motors led to significant pension and life insurance losses for retirees like Ed Bambas, highlighting risks in retirement security and insurance coverage for veterans and former employees.
Explore how high net worth individuals can manage soaring liability insurance costs and optimize Roth IRA contributions amidst changing tax brackets. Professional insights on insurance layers and tax strategies for financial advisors.
Optimize year-end tax strategies including retirement contributions, tax-loss harvesting, charitable donations, and withholding adjustments for insurance and finance professionals.
Explore the untapped potential of the U.S. in-plan annuities market, driven by high participant demand and low awareness. Asset managers face key strategic challenges to capture growth in retirement income solutions.
France plans to require non-EU retirees, including Americans, to pay contributions for public healthcare access, aiming to enhance fairness and manage budget deficits.
Explore key insights on fixed annuities as retirement investment tools amid falling interest rates, covering guarantees, tax implications, and withdrawal rules.
Securian Financial introduces AccumuLink™ Advance, a registered index-linked annuity offering flexible risk management and market upside potential for retirement portfolios.
Over half of Americans aged 50-64 carry credit card debt, complicating retirement planning. Strategies like refinancing and cost-cutting on auto insurance can help manage high-interest costs as estates, not heirs, are responsible for debt after death.
Explore how the aging U.S. population is creating a $600 billion opportunity through innovations in retirement products, geroscience biotech, and AI-driven financial planning, reshaping insurance and investment landscapes.
