Recent News and Discussions About Annuity Layoffs
Principal Financial Group to stop selling fixed annuities
https://www.desmoinesregister.com/story/money/business/2021/06/28/principal-financial-group-stop-selling-fixed-annuities-life-insurance-investing/5370483001/
Jun 28, 2021 — Principal to cease offering fixed annuity retirement products … She added that the impact will not necessarily equate to layoffs .
How Retirees-to-Be Can Stress Test Their Finances, Just Like …
https://www.barrons.com/articles/preretirement-plan-finances-stress-test-banks-51656107478
Jun 26, 2022 — Consider an Annuity . If you get laid off , it might be tempting to claim Social Security right away. But it is best to hold off if you can.
Frequently Asked Questions – United States Department of …
https://webapps.dol.gov/dolfaq/go-dol-faq.asp?faqid=241&faqsub=Termination%2FLayoff&faqtop=Retirement+Plans+and+Benefits&topicid=4
Question: Can I get my pension money if I am laid off ? … or a defined benefit plan, the form of your pension distribution (lump sum, annuity , etc.) …
Early Retirement After A Layoff – Forbes
https://www.forbes.com/advisor/retirement/how-to-retire-early-layoff/
May 12, 2022 — If you’ve been laid off , it may be time to take stock of your assets, … money into my 401(k) and annuities , which I can no longer do.
Reductions in Force – OPM
https://www.opm.gov/policy-data-oversight/workforce-restructuring/reductions-in-force/
My Annuity and Benefits · CSRS Information · FERS Information … In the Federal Government, layoffs are called reduction in force (RIF) actions.
Layoffs expected as Des Moines-based Principal Financial …
https://www.kcci.com/article/layoffs-expected-as-principal-financial-group-announces-changes-des-moines-iowa/36865849
Jun 28, 2021 — Principal will also fully exit U.S. retail fixed annuities . The company tells KCCI these changes will impact up to 5% of its positions …
Jackson National Lays Off 150 Workers | ThinkAdvisor
https://www.thinkadvisor.com/2020/11/03/jackson-national-lays-off-150-workers/
Nov 3, 2020 — Even amid layoff news, research is saying that publicly traded life and annuity companies are staying strong financially. According to news …
How Money from Other Sources Can Affect Your Benefits
https://twc.texas.gov/jobseekers/how-money-other-sources-can-affect-your-benefits
You must report any wages paid instead of notice of layoff to TWC when you … Pensions, retirement pay, annuities , and other similar periodic payments are …
Ak DRB > Layoff and Leaving State Employment Resources
https://drb.alaska.gov/employee/leave.html
Supplemental Annuity Plan Participants — Learn more about DCP withdrawal options. Supplemental Annuity Plan Participants. For more information, please check …
John Hancock latest to yank annuity offerings, pare distribution
https://www.investmentnews.com/john-hancock-latest-to-yank-annuity-offerings-pare-distribution-2-40394
The insurer’s Essential Income immediate annuity also is being pulled. … With the layoffs , 14 wholesalers remain to support both product families.