The FIDx Five: The IRI’s Plea to White House for Annuities

Retirement, Annuity, & Fintech Insights 

The Insured Retirement Institute underscored the need for stronger retirement policies in a recent letter to the White House. Find out more about their push for guaranteed lifetime income products and four other key recent stories in this edition of “The FIDx Five.”

Insurance Group Lobbies White House for Increased Access to Annuities in Retirement Policies
The IRI's recent plea to the Biden Administration aims to address middle-class workers and retirees' anxieties over securing sustainable retirement income.

Source: Plansponsor, “IRI Presses White House to Back Further Retirement Policy on Annuities,” 07/12/23 

Retirement Savings: The New Piggy Bank?
In a worrying trend, employees across the country are tapping into their retirement nest eggs like never before.

Source: Yahoo!, “Workers are still raiding their retirement savings at record rates,” 07/06/23

Top Retirement Destination in U.S.
A recent study reveals the No. 1 retirement haven in the U.S.

Source: Readers Digest, “New Study: This Is the No. 1 Place to Retire in the U.S.,” 07/12/23

Lincoln's Secret Weapon?
With Stephen Turer on board, Lincoln has high hopes for a bright future for its retail annuities.

Source: Think Advisor, “Lincoln Hopes Stephen Turer Will Make Its Retail Annuities Shine,” 07/13/23

Retirement Rush Backfires
Early retirement during the COVID wave has had severe ramifications.

Source: Fortune, “Half of boomers and late Gen Xers who took early retirement during the first Covid wave have fallen into poverty, 07/07/23

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