NAVA Outlook Section

Articles

Attention NAVA Members: Requesting Articles for our Newsletter

The NAVA Editorial Advisory Board is currently seeking article submissions for upcoming issues of Outlook, NAVA's monthly newsletter. Published monthly as a component of Retirement Income Reporter, Outlook keeps professionals in the annuity industry informed about important issues affecting their business. NAVA will consider all articles between 500 and 2,500 words, related to member interests. Articles on the following topics are encouraged: regulatory, annuity industry trends, retirement marketplace, investment management, operations, marketing & sales, product trends, variable life, research, and technology. NAVA will not consider article submissions containing 'sales pitches' about an individual, a company, or products. Articles that have already been published in other newsletters, magazines, or journals are welcome.

Endnotes

1 The term 'phased retirement' is sometimes used more broadly to include a change in hours that occurs when the older worker changes employers or moves to self-employment. Here, however, the focus is on the narrower definition: reduced work time without a change of employers.

PHASED RETIREMENT : PROBLEMS AND PROSPECTS

Introduction As baby boomers near traditional retirement ages, many express an intent to work longer. But older workers often look for greater flexibility that would allow them more time for non-work activities. Not surprisingly then, the notion of phased retirement - where an older full-time worker remains with the same employer and gradually reduces work hours - has considerable appeal for employees.1 Phased retirement may help employers as well by allowing them to keep experienced and productive workers.

On the Road to STP - June 2008

STP Task Force Addresses Standardized Forms

The Roth: It Might Be a Better Deal Than You Think

Two recent pieces of legislation-the Tax Increase Prevention and Reconciliation Act (TIPRA) and the Pension Protection Act (PPA)-greatly impact the retirement arena. They have given us a new way to help clients think about retirement savings from a tax perspective. This has led to new opportunities to utilize a Roth-IRA and 401(k)-that didn't exist until now. When the Roth IRA was introduced in 1998, it was seen as a very good thing. People could put money away for retirement and receive distributions tax-free at some point in the future. The industry saw a lot of money being invested in Roth accounts, which came from annual contributions and conversions from traditional IRAs. While a lot of people took advantage of the Roth, high income clients were left out in the cold.

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