Retirement Trends

According to a LIMRA study, Jackson National Life Insurance Company sold $23.2 billion of total annuities in 2013.

The union said Treasurer Janet Cowell is failing to disclose all direct and indirect placement fees, asset fees, performance fees and any other management fees in the $86 billion pension fund.

Approximately 56.7 percent of early baby boomers, 58.5 percent of late boomers, and just under 58 percent of Gen Xers are projected to not run short of money in retirement.

Workers who think they have excellent chances of living to ages 75 and 85 plan to work longer than those who think their chances are poor, according to a new study by the Center for Retirement Research at Boston College.

The 24th annual EBRI survey found that 73 percent of people who say they dont save in either an IRA or a defined contribution plan have assets totaling less than $1,000, compared with 11 percent of those who have a plan.

A survey found that only 17 percent of respondents are contributing to an IRA, a decline from 22 percent in 2012, potentially missing tax and savings benefits.