Protective Life Insurance has launched a variable annuity offering two optional benefits that allow the holder to maximize either their retirement income or investment growth potential.
“Both living benefits also include a feature that allows the customer to defer a portion of their annual withdrawal amount for use at a later time,” the Birmingham-based insurer said in a press release.
The product has been branded Protective Aspirations.
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Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.
“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.
Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.
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