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Corporate Employers Accused of Increasing Risk Of Pension Shortfalls in Violation of Employee...
Morningstar· 3 days agoBALTIMORE, May 23, 2024 (GLOBE NEWSWIRE) -- Lawsuits have been filed alleging that a number of large corporate employers have offloaded billions of dollars in pension obligations to Athene & ...
F&G Annuities & Life Prices Senior Unsecured Notes Offering
The Longview News-Journal· 6 days agoF&G Annuities & Life, Inc. (NYSE: FG) ("F&G") today announced that it priced a public offering of $550 million aggregate principal amount of its 6.500% senior notes due 2029 (the "notes"). The ...
Mega Millions jackpot grows to $489 million after no grand prize winner
FOX Business· 1 day agoThe Mega Millions jackpot jumped to an estimated $489 million after no tickets matched the winning...
New Health Insurance Suit Could Affect DOL Fiduciary Rule Litigation | ThinkAdvisor
ThinkAdvisor· 2 days agoHealth insurance market players have started a lawsuit that could collide with annuity market...
Metallus Agrees to Purchase Group Annuity Contract From Prudential Tied to TimkenSteel Plan
Market Watch· 6 days agoMetallus entered an agreement to purchase a group annuity contract from the Prudential Insurance Company of America, in connection with the termination of the TimkenSteel ...
A 50-year-old man used an obscure IRS rule to withdraw $20K a year from his retirement savings —...
Moneywise via AOL· 1 day agoFixed amortization method. Withdrawals are also determined using the account balance and life...
Target-Date Funds and Annuities...It's Complicated
Morningstar· 2 days agoAs the number of Americans nearing retirement continues to increase, the importance of ensuring a stable income and safeguarding against longevity risk is crucial. To address this challenge, ...
Virginia Insurance Agent Sentenced for Writing Policies Without Clients' Consent
Insurance Journal· 2 days agoA Virginia insurance and annuities agent was sentenced to one year and three months years in prison...
Why RILAs Are So Hot | ThinkAdvisor
ThinkAdvisor· 3 days agoRobin Raju, the chief financial officer at Equitable, wants to talk about the company’s efforts to add lifetime income options to the nation’s 401(k)...
North Carolina 18-year-old wins $1 million in lottery after asking sister to buy ticket for him
Lottery Post· 57 minutes agoA North Carolina man won a $1 million top prize in the lottery after he gave his sister some money to purchase a ticket on his behalf. An 18-year-old North Carolina resident ended up winning ...