Longevity annuities are experiencing an increase in visibility due to recent tax law changes, promising guaranteed income for life and fewer taxes through the use of a Qualified Longevity Annuity Contract, or QLAC. For those approaching or already well into retirement, this may seem like the perfect solution to quelling those
I recently received an email from a client inquiring whether I knew of any legislation proposed by the Obama Administration to nationalize 401(k) or other retirement plans. I was not immediately familiar with the details of the proposed legislation, but I was curious to learn about the Obama Administration’s retirement
Large transactions over the past two years have drawn a significant amount of attention to the private equity asset class. Bain Capital, KKR and Merrill Lynch, for example, teamed up to pay $21 billion to acquire hospital operator HCA, Inc. The Blackstone Group, another large private equity manager, recently announced
The commentary offered is general in nature. It is not intended to be complete or used as a primary basis for financial decisions.