LIMRA Secure Retirement Institute: More than Half of Consumers Would Choose Guaranteed Lifetime Income over a Lump Sum Payment
LIMRA Secure Retirement Institute (LIMRA SRI) has found 53 percent of Americans ages 50 to 79 with at least $100,000 in assets would choose guaranteed lifetime income of $660 monthly over a lump sum of $120,000 when offered in a hypothetical situation.
WINDSOR, Conn., June 22, 2016 — A new LIMRA study shows consumers under age 40 would prefer to receive life insurance benefits as a monthly income rather than a lump sum payment.
Buying an annuity is often an emotional decision. Learn how your company and its representatives can find and help guaranteed-income seekers.
Retirees and Pre-retirees Trade Control for Investment Growth, Flexibility and Guaranteed Lifetime Income
A new study by the LIMRA Secure Retirement Institute found the majority of retirees and pre-retirees are more interested in income solutions that offer investment growth, flexibility, and guaranteed lifetime income than in those allowing them to maintain control over the management of their assets.
New LIMRA Secure Retirement Institute Analysis Finds Majority of Annuity Premium Used to Create Guaranteed Income
WINDSOR, Conn., Dec. 14, 2017—New analysis by LIMRA Secure Retirement Institute finds that half of the money ($84.5 billion) invested in annuities in 2016 was used to purchase products that offer guaranteed income – either immediately or for the future.
LIMRA Secure Retirement Institute: VA Guaranteed Living Benefit Election Rates Rise for Third Straight Quarter
According to LIMRA Secure Retirement Institute research, consumers’ election rate of guaranteed living benefit (GLB) riders on variable annuities has increased for three consecutive quarters after 6 consecutive quarters of declines. Historically speaking, GLB’s have been a
A new LIMRA report on 403(b) plans studied the two largest market segments — healthcare and higher education — and may provide clues to plan providers on how to serve the broader 403(b) market.
A new joint study by LIMRA Secure Retirement Institute and CANNEX reveals that even while market forces have raised the cost of securing guaranteed lifetime income, sales of single premium immediate annuities (SPIA) and deferred income annuity (DIA) have been steadily increasing.
LIMRA Secure Retirement Institute (LIMRA SRI) research shows that consumers most likely to be interested in annuities are younger and still working.