Wednesday, March 15, 2006

 

NAVA Study Underscores The Value Annuities Offer Baby Boomers Faced With The Challenge Of Determining How to Best Allocate Retirement Savings

As baby boomers approach retirement and begin tapping into their 401(k)s and other qualified plans, many will face the dilemma of how to best utilize and manage these assets. A study(1) released today by the National Association for Variable Annuities (NAVA), provides a new perspective on this challenge by assessing the value annuities provide when held in qualified plans (i.e., 401(k), 403(b), Keogh) or IRAs, or when used to re-invest assets rolled-over from 401(k) plans.

According to the NAVA study, financial advisors feel it is the unique combination of income guarantees and insurance benefits that annuities provide that are driving their clients to include annuities in qualified plans or IRAs.

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NAVA Study Underscores The Value Annuities Offer Baby Boomers Faced With The Challenge Of Determining How to Best Allocate Retirement Savings
Source: Insurance News Net

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