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BOSTON ANNUITIES
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Maybe What We Need is a Deregulated Individual Defined Benefit Plan
... as a higher rate than is currently permitted by Individual Retirement Accounts (IRAs). A recent article by Scott Burns in the Boston Globe has re-ignited this discussion among a bunch of my pension geek friends. The article was titled " ... a defined benefit plan. One of the suggestions in the article was for workers to convert some of their retirement savings into a lifetime annuity. I think this misses the point. In 2008, the maximum annual benefit for defined benefit plans was $185,000 while the ...
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John Hancock Announces Launch of JH Spectrum Fixed Annuity Product (PR Newswire via Yahoo! Finance)
John Hancock today announced the launch of a new fixed deferred annuity product-JH Spectrum.
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John Hancock Announces Launch of JH Spectrum Fixed Annuity Product - MarketWatch
John Hancock Announces Launch of JH Spectrum Fixed Annuity Product MarketWatch - 1 hour ago John Hancock Fixed Annuities are issued and administered by John Hancock Life Insurance Company, Boston , MA 02117. Seniorlink is the current referral ...
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Rule 151A Comments Close
Here in Boston at the LHCA conference, one major topic of discussion has been the SEC's proposed Rule 151A and the possible federal regulation of indexed annuities as securities. At this morning's annuities session, there were several questions on this topic and the discussion closed with the hope that the comment period would be extended. Barbara Price of the ACLI indicated that the trade association had ...
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