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SEC grants no-action relief to delay payment from variable insurance contracts to protect vulnerable...
JD Supra· 4 days agoRecently, in response to a request from the Committee of Annuity Insurers, the staff in the Chief Counsel's Office of the Securities and Exchange...Management issued a no-action ...
The 4% rule is ‘blind to the new reality’ of retirement life — do this instead
Market Watch· 11 hours agoIt overlooks the fact that nobody knows what investment returns will be in the future. It ignores a...
American Equity to move into downtown Des Moines building owned by Nationwide
The Des Moines Register via Yahoo Finance· 11 hours ago“We think that’s important for the long-term success of Des Moines.” American Equity has an 8% share...
Council Post: Three Reasons Fixed Index Annuities Are Better Than Bonds In Your Retirement Portfolio
Forbes· 4 days agoWhen financial advisors seek ways to manage risk in retirement investing, they typically look to...
How To Earn $100 a Week in Passive Income
GoBankingRates via AOL· 3 days agoSometimes, a little money goes a long way. Passive income streams are a delightful method for making money without having to do much. They're almost the...
Navigating the Impact of the New Fiduciary Rule on Insurers and Producers | JD Supra
JD Supra· 15 hours agoOn April 23, 2024, the U.S. Department of Labor (the “DoL”) released its final rule (“Fiduciary Rule”) titled Retirement Security Rule: Definition of an Investment Advice Fiduciary (an “Investment ...
IRS PLR: Fees Paid Will Not Be Treated as Amount Received (IRC §72)
Bloomberg Law· 3 hours agoThe IRS has published a private letter ruling on Section 72 regarding the status of the payment of certain investment advisory fees from an annuity contract. [PLR 202422004]
Nasdaq composite today: The index closed up 12.77% YTD
USA Today· 1 hour agoThe Nasdaq composite closed today at 16,735.02. The Nasdaq composite has historically had a high...
KBR Banks on Solid Backlog & GS Prospect Amid Stiff Competition
Zacks via Yahoo Finance· 3 days agoThe segment is benefiting from favorable defense, space and military budgets both in the U.S. and...
Elastic (ESTC) Q4 2024 Earnings Call Transcript
Motley Fool via Yahoo Finance· 17 hours agoI'm particularly pleased with the strong GenAI adoption we are seeing among our largest customers with more than 145 of our customers with annual ...