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How Much Monthly Income Could You Get From a $200,000 Annuity?

If you're looking for income in retirement and you have concerns that you might outlive your nest egg, an annuity can be a good option. Depending on the type of annuity you buy, you could tap into an...

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How Much Monthly Income Could You Get From a $50,000 Annuity?

Annuities are investment options that are typically best for older investors. For one thing, there's a 10% penalty for annuity withdrawals before age 59 ½, making them problematic for younger...

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Empower unveils comprehensive retirement income suite

The DC plan giant is rolling out an expansive shelf of retirement solutions through multiple partnerships.

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Investment Product and Service Launches

Ascensus announces launch of American Funds PEP solution; Allspring Global Investments introduces custom SMA portal; Capital Group unveils adviser benchmark service; and more.

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For More Certainty in Your Retirement Portfolio, Consider Annuities

Higher interest rates made annuities more attractive in 2022. Better quality products are increasingly available, but consumers still need to read the fine print.

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How healthy are you? Simple test helps estimate when you'll die

EVER think you'd live your life differently if you knew how long you had left?Or perhaps you'd shake off some of your unhealthy habits if you knew the

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How healthy are YOU? Take this simple test to calculate your risk of an early death

A Bluepring Income calculator uses a person's age, height, weight, disease genetic risk, and other life factors, to estimate long a person will live.

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Bitcoin in annuities? Several insurance companies are banking on it


Bitcoin in annuities? Several insurers are working on it
The annuities business, while being an early mover, still lags where some consumers want to see it, according to NYDIG. Recently, several insurance companies have made big investments in the firm.
April 28, 2021
4
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Several major insurance companies are envisioning a big future for Bitcoin, including as a part of the annuities business.
Though often written off as one of the most conservative industries, insurance is one of the first movers seeking to incorporate the digital currency and find new uses for it. Recently, for example, MassMutual plunked down $100 million for Bitcoin in its general investment account. And it, along with New York Life, Liberty Mutual and Starr Insurance, is an investor in New York Digital Investment Group, or NYDIG.

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TransRe boss Sapnar resurfaces at Bitcoin specialist NYDIG


06-11-2017
Mike Sapnar, the former CEO of TransRe, has resurfaced at a Bitcoin technology company, which has also raised $100 million in new capital from a number of property/casualty insurers.
Sapnar led TransRe for nine years before unexpectedly stepping down in March this year. Now, it has been revealed that he will join NYDIG, a provider of technology and investment solutions for Bitcoin, as global head of insurance solutions.
In this new role, he will oversee all of NYDIG's insurance activities but especially focus on accelerating bitcoin-driven innovation in the global property/casualty industry.
He is joined by in the role by Matt Carey, NYDIG's US head of insurance solutions, who will focus on bitcoin-powered solutions for US-based life insurance and annuity providers. Prior to joining NYDIG, Carey was co-founder and CEO of Blueprint Income, the largest online annuity marketplace in the US, recently acquired by MassMutual from Stone Ridge.

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