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Rachel Summit
Works at Annuity FYI
Lives in Cleveland, Ohio
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Rachel Summit

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Here is Annuity FYI's latest blog post: Although the majority of Americans would like the guaranteed income from an annuity product within their 401k plan, only 4% of employer sponsored plans offer annuity options.
Despite the fact that more Americans want guaranteed lifetime income options like a 401k annuity, only 4% of 401k plans offer them.
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Here is Annuity FYI's SECONDARY MARKET ANNUITY of the week! 4.25% per year GUARANTEED for 23 years from Hartford. This SMA is only available through Annuity FYI affiliates, so call 1-866-223-2121 or click here:
See which available secondary market annuity was selected this week. Compare available SMAs in an easy to read table and reserve online.
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Rachel Summit

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Is "retirement" a bad word?
Let's dump the word 'retirement' and find a different 'R' word to describe this wonderful, calmer time of life.
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New blog post today from Annuity FYI: We help answer some of the questions consumers have about how their annuity products, retirement savings and advisor relationships will be affected by the new fiduciary rule.
Advisors must do their homework on the DOL rule and let their clients know what changes may be to come for their annuity products and retirement savings investments.
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New blog post today from Annuity FYI! Voya Financial introduced a new line of fixed indexed annuities called Voya Quest to meet distributors' new demands.
The Voya Quest line of fixed indexed annuities helps consumers grow their retirement savings, protect it from market downturns, and create a steady income stream.
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Annuity FYI's new blog post addresses the declining variable annuity sales and overall dominance within the annuity industry.
Variable annuity sales are hitting record lows because of market volatility and the DOL fiduciary rule's BICE requirements.
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Rachel Summit

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ANNUITY FYI TOP PICKS! Check out their list of the top 8 no-surrender annuities. These annuity products have no withdrawal penalties, which make them a good option for investors who don't have a lot of non-annuity assets and need their money liquid.
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Rachel Summit

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It's complex to think about teaching students about jobs that they may actually invent.
 
How can we educate our students for jobs that don't exist yet?
On a recent trip to the US, as I drove my rental car through various cities and suburbs, it occurred to me that all of the conventional assumptions we make about our future and that of our children are up for grabs.
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Annuity FYI's latest blog post discusses a +Washington Post article saying that annuities are one of the only ways for those without a pension to create a lifetime income stream.
The Washington Post says that annuities are one of the only ways to create an income stream from your retirement savings without a pension plan.
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Pay attention recent college grads! This is great financial advice that I wish someone had shared with me back then. #college  #grad #money #finance 
Before making plans to spend your first paychecks in the "real world," envision your financial goals.
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New blog post from Annuity FYI: We compare the use of annuities with other investments to combat longevity risk and unknown time horizons in retirement planning.
The only way to eliminate longevity risk and unknown time horizons in retirement planning is by purchasing a longevity annuity.
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You still need to prepare for retirement after age 50. The preparations are just a little different than earlier in life.
Clients in their 50s need to save aggressively, pay off their mortgage and other debt, downsize and make the most of the tax breaks they deserve.
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Have them in circles
230 people
James Brimford's profile photo
John Dudley's profile photo
Daniel S. Togbah's profile photo
James Haggai's profile photo
Canadian businesses for sale's profile photo
Ciao Bella Toscana's profile photo
Kenneth Oliver's profile photo
Len Penzo's profile photo
Money Savvy Teen's profile photo
Basic Information
Other names
Finance Mama
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Employment
  • Annuity FYI
    Writer, present
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Currently
Cleveland, Ohio
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Rachel Summit's +1's are the things they like, agree with, or want to recommend.
5 Excellent Retirement Calculators (And All Are Free)
www.forbes.com

Confession time. I'm a pushover for online calculators. Actually, any type of gadget gets my attention (hold on while I check email on my Ap

Workplace Inequalities Force Women To Plan For Retirement Differently
www.forbes.com

With over sixty million baby boomers reaching age 65 in the next twenty years, many people are just beginning to plan for the vast challenge

How Couples Delude Themselves About Retirement
www.forbes.com

A Fidelity survey finds a disconnect between what spouses say and reality.

4 Tricks To Get The Most Out Of Your IRA
www.forbes.com

You are throwing money away if you don't take full advantage of IRAs. Here are some ways to get the most out of this powerful retirement pla

Are You Financially Fit? Tips for Creating Retirement Income | U.S. Bank
achieve.usbank.com

There’s no time like the present to start planning for retirement. Use these tips to help get started.

Baby Boomers May Work Longer, Live Less Comfortably in Retirement
www.annuityfyi.com

It's now simpler to use some of that savings to purchase the guaranteed income offered by many annuity products. Baby Boomers may still work

IRI Industry Predictions: Fixed Indexed Annuity Sales & 3% Interest ...
www.annuityfyi.com

The IRI's president and CEO says that there is a huge opportunity for the insured retirement industry to innovate and meet the changing dema

Few Workers with DC Plans Anticipate Annuity Income
www.annuityfyi.com

It's important for the annuity industry to educate consumers, especially those participating in defined contribution plans, and bridge the g

Annuities Are Constantly Adapting
www.annuityfyi.com

As the economy went through some drastic changes between 2008 and 2014, annuities had to quickly adapt to these changes.

Longevity Annuities Are Poised To Take Off This Year
www.annuityfyi.com

The insurance industry's solution to this demand for a comfortable retirement is longevity annuities.

Does Your Defined Contribution Plan Offer Lifetime Income Options?
www.annuityfyi.com

There is still a lot of work to be done before annuities become mainstream in retirement plans, but their potential as an income stream solu

Fixed Indexed Annuity Market Share Increasing
www.annuityfyi.com

It's important to look at not only annuity sales, but also the market share of different types of annuities when making product comparisons.

Target-Date Funds Tied to a Fixed Annuity Create Income Stream
www.annuityfyi.com

With workers seeking out a guaranteed lifetime income stream in retirement and the federal government making it easier for annuities to be u

U.S. News: "You May Want to Consider Annuities"
www.annuityfyi.com

U.S. News & World Report's MONEY says that annuities are something you should consider if you expect to live a long life.

Annuities Take Longevity Risk Off the Table, According to Hegna
www.annuityfyi.com

Speak with an expert to see how annuities can help you eliminate longevity risk in your financial planning.

Which Annuity Product is More Efficient? A SPIA or a DIA?
www.annuityfyi.com

SPIAs and DIAs both offer unique pros and cons that make them useful in some retirement plans and simply not right for others.

Prudential Introduces Three New Annuity Products
www.annuityfyi.com

All of the products were designed as alternative ways to save and provide income instead of traditional savings and CDs.

AIG Introduces New QLAC for Retirement Plans
www.annuityfyi.com

The company's American General Life Insurance Company created the American Pathway Deferred Income Annuity to be eligible as a qualifying QL

2014 Variable Annuity Innovations
www.annuityfyi.com

Despite the fact that sales aren't anything to write home about, life insurance companies are still introducing new products and innovating