In 2010, the National Association for Fixed Annuities (NAFA) designated June as National Annuity Awareness Month (NAAM) to help educate Americans on the important role of annuities as part of a secure retirement savings plan. In 2014, with a common desire to serve consumers by helping them understand annuity products, NAFA and several other industry … Continue reading June Is National Annuity Awareness Month
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MyFloridaCFO.com | Florida Department of Financial Services
Recommended by the Constitutional Revision Commission, and passed into law by voters in 1998, the Florida Legislature carried out an amendment to the state's constitution by merging the Department of Insurance, Treasury, State Fire Marshal and the Department of Banking and Finance into the Department of Financial Services effective January 2003. The Department is made up … Continue reading MyFloridaCFO.com | Florida Department of Financial Services
Annuities Language Glossary
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National Association of Insurance Commissioners (NAIC)
The National Association of Insurance Commissioners (NAIC) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. Founded in 1871, the U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia, and five U.S. territories to coordinate regulation of multistate insurers. … Continue reading National Association of Insurance Commissioners (NAIC)
Alliance for Protected Income | ProtectedIncome.org
The Alliance for Protected Income is a non-profit 501(c)(6) educational organization based in Washington, D.C., that creates awareness and educates Americans about the value and importance of having protected lifetime income in retirement. Our vision is for a country where no American has to face the prospect of running out of money in retirement. The … Continue reading Alliance for Protected Income | ProtectedIncome.org
DOL.gov
All content in this post belongs to DOL.gov Employee Benefits Security AdministrationAn agency within the U.S. Department of Labor200 Constitution Ave NWWashington, DC 202101-866-4-USA-DOL1-866-487-2365www.dol.gov The Employee Benefits Security Administration (EBSA) is committed to educating and assisting the nearly 158 million workers, retirees and their families covered by approximately 734,000 private retirement plans, 2.0 million health … Continue reading DOL.gov
Required Minimum Distribution (RMD)
All content in this post belongs to IRS.gov You cannot keep retirement funds in your account indefinitely. You generally have to start taking withdrawals from your IRA, SIMPLE IRA, SEP IRA, or retirement plan account when you reach age 70½. However, changes were made by the Setting Every Community Up for Retirement Enhancement (SECURE) Act … Continue reading Required Minimum Distribution (RMD)
NAFA
All content in this post belongs to nafa.com 7 Reasons To Consider Annuities In 2022Download 9 Answers Every Investor Needs To Know About AnnuitiesDownload Annuities In Retirement PlanningDownload Annuity Crediting Strategies - Cap StrategyDownload Annuity Crediting Strategies - Participation Par Rate StrategyDownload Celebrating The 25th Anniversary Of FIAsDownload Helping Consumers Understand FIAsDownload Product Comparison - … Continue reading NAFA
Investor.gov
All content in this post belongs to investor.gov What are annuities? An annuity is a contract between you and an insurance company that requires the insurer to make payments to you, either immediately or in the future. You buy an annuity by making either a single payment or a series of payments. Similarly, your payout … Continue reading Investor.gov
