Fixed Annuity News
The fixed annuity industry is constantly changing. From product evolution and distribution consolidation to pending regulation and legislation, NAFA works diligently to keep up with every aspect of the marketplace and provide you with its most pertinent news in a timely manner. Utilize the information below to read about recent media coverage in our Monday Media Reports, access monthly advocacy updates via The Call, visit our Press Room for the association’s most current news releases or to catch up on our Twitter feed.
Industry News
23 DEC – D. Korth – Nasdaq
What the Fed Cut Means for Fixed Annuities
“The Fed’s recent rate cuts are reshaping the landscape for fixed annuities, bringing both challenges and opportunities for investors. Fixed annuities, which offer guaranteed returns unaffected by market fluctuations, remain steady for existing contracts but may see reduced rates for new purchases in a lower-rate environment.”
23 DEC – Allison Bell – ALM
What the New $1.9T Spending Law Means for Life and Annuity Legislation
“President Joe Biden signed a major anti-shutdown bill — the American Relief Act, 2025 package — into law Saturday, at a time when many Washington financial services policymakers have already left for the holidays.”
31 DEC – Allison Bell – ALM
What Clients Really Ask Accountants About Annuities
“Accountants can be a good source of referral business for agents and advisors who help clients with life insurance, annuities and other products.
Paul Miller, a certified public accountant, is the managing partner at Miller & Co., a Whitestone, New York-based accounting firm that serves about 3,000 clients. Many of the clients are executives, international business managers and independent professionals.”
01 JAN – Don Baylor, Jr. – ALM
How SECURE 2.0 will give a leg up to part-timers saving for retirement in 2025
‘In our commitment to improving workers’ lives through financial benefits, my team and I think about corporate retirement plans in three ways: access, participation and outcomes.
As such, we are excited about the abundant promises of SECURE 2.0, a major piece of legislation passed in 2022 and rolling out over the next several years with the goal to boost Americans’ retirement savings. As we look ahead to 2025, we have our eye on a specific provision that will come online to increase access for a key subset of the workforce: part-time employees.”
03 JAN – John Manganaro – Think Advisor
Delay Social Security, Invest More or Buy an Annuity: What’s Best for Retirement Income?
“Clients who want to claim Social Security early and reinvest the proceeds need a strong stomach for taking portfolio risk in order to come out ahead, according to a recent report published by P
06 JAN – Ken Nuss – The Street
Secure Your Retirement With Annuities
“Most people aren’t saving enough for retirement. Some aren’t saving anything at all. Many are not starting early enough. Most of those who are saving something aren’t putting enough away or not choosing the optimal financial vehicles.”
06 JAN – Melanie Waddell – Think Advisor
4 Bills That Could Boost Annuities in 2025
“Annuity bills in play during the 2023-2024 session of Congress may continue to gain traction in 2025.
“Many barriers inhibiting the use of protected, guaranteed lifetime income solutions to turn a saver’s accumulated retirement savings into a stream of lifetime income remain present in federal law and regulations,” according to Paul Richman, chief government and political affairs officer at the Insured Retirement Institute.”
07 JAN – Jim Szostek – The Street
Annuities vs. 4% Rule: Which Strategy Wins for Retirement Income?
“Thirty years after financial adviser Willian Bengen advanced the currently popular strategy of withdrawing 4% of retirement savings each year from an equally balanced stock-bond portfolio, indexed throughout retirement for inflation, a new study prompts a reassessment.”
08 JAN – Staff – Insurance News Net
Salt Financial Annuity Index analytics report for 2024
“Here is a year-end snapshot of 2024 performance for a selection of asset classes, each proxied with a liquid ETF listed on US markets:”
08 JAN – Ben Mattlin – Financial Advisor
LIMRA Says Fixed Annuity Sales Will Fall And VA Sales Rise In 2025
“In a reversal of recent trends, LIMRA predicts a decline in fixed annuity sales and an increase in variable annuity sales in 2025.
Fixed annuity sales typically track changes in interest rates, said John Carroll, senior vice president and head of life and annuities at the Windsor, Conn.-based industry data tracker, speaking in a webinar on Tuesday about the group’s forecasts. As interest rates started coming down in 2024, he added, sales already started declining.”
09 JAN – Leo Amnazora – Investment News
What’s next for the annuities space in 2025?
“After experiencing robust growth in recent years, the US annuity market is set to face mixed prospects in 2025, according to a new report from Limra.
While demographic trends and demand for retirement income solutions remain strong, the analysis from Limra notes that falling interest rates may slow the momentum for certain fixed annuity products.
In its latest outlook, Limra projects total annuity sales in 2025 to range between $364 billion and $410 billion, a potential pullback from the anticipated full-year record of $430 billion for 2024.”
10 JAN – Donna Fuscaldo – Kiplinger
Should You Add an Annuity to Your Retirement Portfolio in 2025?
“Annuities give you a recurring revenue stream in retirement, providing security and peace of mind. Thanks in part to the SECURE Act 2.0, which added the ability to include annuities in 401(k)s, this investment vehicle has grown in popularity among savers.”
Monday Media Report
The NAFA Media Report features a summary of the previous week’s fixed annuity media coverage. NAFA welcomes your contributions and suggested additions.
The Call
The Call features timely and seasonal regulatory and legislative updates to help NAFA members stay on top of issues impacting their businesses. Both federal and state editions are distributed to keep you informed.