“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|Fourth Quarter U.S. Single-Premium Pension Buy-Out Sales Jump 21%|
Mar. 2, 2021
"There were 177 new buy-out contracts sold covering 259,342 participants in the fourth quarter. For the full year, there were 432 buy-out contracts sold, representing 408,277 participants. In the fourth quarter 2020, there were two buy-in contracts totaling $1.6 billion. This is the highest quarterly total for buy-in products ever reported. For the year, buy-in product sales totaled $1.8 billion, 4% below 2019 sales results."
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|