| Print this page
Top Rated
News Center
Press Releases
The Insured Retirement Institute's mission is to be a resource to the media by providing information that can be of assistance in the education and better understanding of the role that annuities play in financial retirement plans.
Recommended by 13 people IRI Exclusive Report: The Retirement Readiness of Generation X
The Insured Retirement Institute (IRI) today released its report, “Retirement Readiness of Generation X: An Overview of the Next Generation of Retirement Investors.” This exclusive report explores the retirement preparations of Americans in their 30s and 40s, and looked at their outlook for retirement and the issues that are shaping these expectations. The report found that nearly two-thirds (65 percent) of the members in Generation X (GenXers) lack confidence that they will have enough money to live comfortably in retirement, to cover medical expenses during retirement and to pay for the cost of their children’s higher education.
Recommended by 30 people Rising Health Care Costs Threaten to Erode Retirement Savings
The Insured Retirement Institute (IRI) today released its report, “Health Care Expenses and Retirement Income: How Escalating Costs Impact Retirement Savings.” This exclusive report examines the impact of rising medical expenses on Baby Boomers’ retirement income planning and strategies that may alleviate some of the financial burden. The report found that a healthy 65-year-old male can expect a total cost of health care expenses, including premiums, for the rest of his lifetime to top $350,000, and a 65-year-old woman can expect at least $417,000 in health care expenses—a 13% increase compared to her male counterpart. It also found that the average person on Medicare will have out-of-pocket medical expenses totaling more than $4,300 per year.
Recommended by 32 people IRI: Annuity Statements Provide Crucial Contract Information
The Insured Retirement Institute (IRI) today released a report in partnership with Corporate Insight that found a majority of quarterly annuity statements utilize similar formats providing significant contract data in a highly organized format. The report analyzes the design, layout and contract information provided in paper statements from 17 firms which participated in Corporate Insight’s Annuity Monitor Statement Analysis.
Recommended by 49 people One Year Anniversary of IRI/RegEd Annuities Training Platform
The Insured Retirement Institute (IRI) and RegEd today announced that their industry wide solution to the NAIC annuity suitability training requirements, the Annuities Training Platform (ATP), has delivered more than 150,000 courses to financial advisors and insurance producers. This milestone comes as the ATP reaches its one year anniversary.
Recommended by 40 people 3Q VA Product Changes Slow, Benefits Trend Toward More Generous
The Insured Retirement Institute (IRI) today released a report on product trend updates within the U.S. variable annuity market. Compiled by Morningstar, the report found that variable annuity benefit activity for the third quarter slowed significantly from the robust filings made during the second quarter of this year. In the third quarter, carriers made 40 material changes, down from 162 changes in the second quarter, and down from 106 changes in the same quarter last year.
Recommended by 64 people Majority of Retirees Will Not See Full COLA
The Bureau of Labor and Statistics (BLS) today announced that Social Security recipients will receive a Cost of Living Adjustment (COLA) of 3.6 percent for 2012. However, after two years of not receiving a COLA in their Social Security checks, a vast majority of retirees will not see the full 3.6 percent increase in their 2012 checks. This is due to the expected increase in Medicare Part B premiums which are deducted from recipients’ Social Security payments. This will affect the approximately 75 percent of Social Security recipients who were exempted from Part B premium increases in 2010 and 2011 when there was no COLA.
IRI 1101 NY Ave, NW, Ste 825, Washington, DC 20005 | Phone: 202-469-3000 | Fax: 202-469-3030 | Join IRI Today Security/Privacy/Refunds Contact Us
