Continue to site >
Trending ETFs

Annuities Get a Big Boost Under the SECURE Act

Solving the income equation during retirement has long been an issue, and has only been exacerbated by problems with Social Security and rising inflation. To that end, policymakers and pundits have increasingly turned to annuities as a way to solve Americans’ income needs. Under that guise, the recently passed second installment of the Setting Every Community Up for Retirement Enhancement (SECURE) Act provides an annuity muscle for investors and builds upon the previous version of the bill.

With new rules governing a wide variety of annuity topics, including Qualified Longevity Annuity Contract (QLAC) adoption and cost-of-living adjustments (COLA) for in-plan annuities, the SECURE Act 2.0 has a lot to offer annuity investors. With the passage of the bill, there are now plenty of new planning opportunities and this could help drive annuity adoption.

Be sure to check the Retirement Channel to learn more about investing strategies to build up your nest egg.

Building on SECURE 1.0

Big Wins for Annuities

Opportunities for Investors