The Edmund Fitzgerald, owned by @NM_Financial, sank 50 years ago today in Lake Superior. Life insurers deeply embedded in North American history though so few know about it. The great Gordon Lightfoot didn’t include the ship’s insurer ownership in his iconic ballad.
Households earning between $50,000 and $100,000 are trading down, cutting back and feeling increasingly strapped, while high earners keep on spending https://t.co/iwClQnLyQG
Familiar story on the housing front — Tech giants pledged billions of dollars to make housing more affordable in Silicon Valley—but results have so far fallen short https://t.co/ee7uHoAXpq
25 years ago, former major league baseball star Bobby Bonilla signed a deal today that gave him guaranteed income.
Read how the unique financial product of #annuities can make this everyone’s reality: https://t.co/g3sO6ktq1B #BobbyBonillaDay
Great idea Aaron, Michelle and ACLI! Many great and historic books tossed away during last move a quarter century ago. Glad some recognition of great industry history in place today. And GOOD LUCK on the move!! #LifeInsuranceIndustry
ACLI is proud to donate 11 volumes of the Proceedings of the National Negro Insurance Association from the 1940s and 1950s to @HULibraries. These historic records offer valuable insight into the contributions and experiences of African Americans in the #LifeInsurance industry.
One of smartest guys I came across in 30+ years in life insurance industry! Not that it matters policy wise, but a “nice guy” also.
He Helped Big Companies Dodge Taxes. Now He’s Writing the Rules. https://t.co/EO7ktPL5y1 via @NYTimes
The American Council of Life Insurers (ACLI): Tax Bill Lets Sector Drive Growth and Opportunity. Put another way: Glad (and wise) Congress didn’t hit us and consumers for another big tax hike like they did in Trump’s first term. https://t.co/LtpyswC3u1
For LIMRA, the decision to venture into the consumer-focused space comes amid soaring annuity sales and the SECURE Act bills making it easier for annuities to be part of retirement plans.
https://t.co/dKz8XQnBoR
#ConsumerEducation#LifetimeIncomeAlliance#RetirementSecurity
On this day in 1896, the U.S Supreme Court delivered its decision in Plessy v. Ferguson, establishing the “separate but equal” doctrine and authorizing discrimination by states.
This marked the formal beginning of Jim Crow Laws.
THREAD
ACLI launched a new campaign that tells the story of the #investments life insurers make to strengthen the #economy and communities nationwide.
See how we put life into America 👇 https://t.co/luxvgAUCEX
Why new retirees may need to rethink the 4% rule https://t.co/OrnEyCx8Lf
Check out this article too on how annuities outperform 4% rule Time to retire the 4 percent rule? Research highlights benefits of annuitization - Investment News