Seniors

First of Its Kind Solution Helps Americans Meet Retirement Income Needs by Joining Target Date Fund Investing with Protected Lifetime Income

Retrieved on: 
Tuesday, January 21, 2020

This unique solution combines the features and benefits of an annuity with the simplicity and efficiency of a target date fund.

Key Points: 
  • This unique solution combines the features and benefits of an annuity with the simplicity and efficiency of a target date fund.
  • Today, we are announcing American Funds target date investing with Lincolns protected lifetime income solution to help investors fund the life they desire in retirement when facing increasingly longer lifespans.
  • By including Capital Groups American Funds Target Date series strategy within Lincoln Financial Groups new variable annuity solution, customers can realize the benefits of glidepath investing, while also receiving protected lifetime income at a high income rate.
  • 1 Greenwald & Associates and CANNEX, Fifth Annual Guaranteed Lifetime Income Study (GLIS), 2019
    2 Alliance for Lifetime Income, Protected Lifetime Index Study, 2019
    3 Mercer June 2019 survey; https://www.mercer.us/our-thinking/wealth/target-date-funds-highlights-a...

New Research Finds Beneficiaries with Medicare Advantage Spend Less Than Those in Medicare Fee-for-Service

Retrieved on: 
Tuesday, January 21, 2020

Beneficiaries enrolled in Medicare Advantage (MA) plans typically spend nearly 40 percent less than beneficiaries in Medicare Fee-for-Service (FFS) programs, according to new research released today by UnitedHealth Group (NYSE:UNH).

Key Points: 
  • Beneficiaries enrolled in Medicare Advantage (MA) plans typically spend nearly 40 percent less than beneficiaries in Medicare Fee-for-Service (FFS) programs, according to new research released today by UnitedHealth Group (NYSE:UNH).
  • The research found that the average annual health care costs for a 72-year-old MA beneficiary of average health are $3,632, compared to up to $5,960 for Medicare FFS beneficiaries.
  • Those savings and protections are especially important since half of Medicare beneficiaries live on fixed annual incomes below $27,000.
  • Medicare Advantage plans offer all the same benefits as Medicare FFS, while including additional protections and benefits, not covered by Medicare FFS, that help beneficiaries stay healthy, improve care outcomes, and avoid unforeseen medical costs.

LTC Invests $33 Million in Acquisitions

Retrieved on: 
Tuesday, January 21, 2020

LTC Properties Inc. (NYSE: LTC), a real estate investment trust investing in seniors housing and care, today announced it has acquired two Michigan seniors housing communities and one Texas skilled nursing center.

Key Points: 
  • LTC Properties Inc. (NYSE: LTC), a real estate investment trust investing in seniors housing and care, today announced it has acquired two Michigan seniors housing communities and one Texas skilled nursing center.
  • The Michigan communities will be operated by Randall Residence, and the Texas center will be operated by HMG Healthcare.
  • Both regional operators are new to LTC.
  • LTC holds more than 200 investments in 28 states with 30 operating partners.

Life Storage, Inc. Announces Tax Reporting Information for 2019 Distributions

Retrieved on: 
Monday, January 20, 2020

Stockholders are encouraged to consult their personal tax advisor with regard to their specific tax treatment of dividends.

Key Points: 
  • Stockholders are encouraged to consult their personal tax advisor with regard to their specific tax treatment of dividends.
  • Life Storage, Inc. is a self-administered and self-managed equity REIT that is in the business of acquiring and managing self storage facilities.
  • Located in Buffalo, New York, the Company operates more than 850 storage facilities in 29 states and in the province of Ontario, Canada.
  • Life Storage consistently provides responsive service to its 400,000-plus customers, making it a leader in the industry.

What Would You Do with $54,000? BankUnited Wants to Know Before the Big Game

Retrieved on: 
Monday, January 20, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200120005399/en/
    Just in time for the big game, @BankUnited has launched #GoForMore54 and a chance to win $54,000.
  • (Photo: Business Wire)
    To be eligible, Twitter users can follow and tweet @BankUnited using #GoForMore54 to answer the question, What would you do with $54,000?
  • If there is not a successful 2-point conversion during the game, BankUnited will choose one or more charities to which they will donate the $54,000 prize.
  • BankUnited can be found on Facebook at facebook.com/BankUnited.Official and on Twitter @BankUnited.

OneAmerica® Unveils New Web Design for Retirement Services Audience

Retrieved on: 
Friday, January 17, 2020

OneAmerica today launched a new design for its group annuity digital platforms, used to administer company retirement plans.

Key Points: 
  • OneAmerica today launched a new design for its group annuity digital platforms, used to administer company retirement plans.
  • We make it a priority to listen to our clients and offer solutions that meet their needs, said Sandy McCarthy, president of retirement services.
  • The refreshed site design provides an updated look and feel that will allow for a more user-friendly web experience.
  • Administrative and recordkeeping services provided by McCready and Keene, Inc. or OneAmerica Retirement Services LLC, companies of OneAmerica which are not broker/dealers or investment advisors.

Vice President Pence Meets With Federal Commission to Advance Plans for Nationwide America 250 Celebration In 2026

Retrieved on: 
Friday, January 17, 2020

The Commission envisions a monumental national initiative to engage all Americans in the largest and most inclusive observance in our nations history.

Key Points: 
  • The Commission envisions a monumental national initiative to engage all Americans in the largest and most inclusive observance in our nations history.
  • The Commission is united in our goal to ensure the 250th commemoration is as diverse and inclusive as America itself, said Noah Griffin, member of the U.S. Semiquincentennial Commission.
  • With the submission of the Report to the President, the Commission expects to engage the White House and elected officials across party lines to help develop and execute America 250.
  • The U.S. Semiquincentennial Commission was formed in 2016 after both chambers of Congress unanimously passed the United States Semiquincentennial Commission Act.

Global Bathroom and Toilet Assist Devices Market 2019-2023 | Evolving Opportunities with Arjo and Medical Depot, Inc. | Technavio

Retrieved on: 
Friday, January 17, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200117005196/en/
    Technavio has announced its latest market research report titled global bathroom and toilet assist devices market 2019-2023.
  • The increase in cost of these medical devices and facilities has encouraged patients to rely on medical insurance policies.
  • For instance, durable medical equipment such as bathroom and toilet assist devices are covered by Medicare Part A and B in the US.
  • Major Five Bathroom and Toilet Assist Devices Market Companies:
    Arjo is headquartered in Sweden and provides patient handling, pressure injury prevention, diagnostics products and services as well as medical beds.

1010data Names Inna Kuznetsova as Interim CEO

Retrieved on: 
Wednesday, January 22, 2020

Effectively immediately, Inna Kuznetsova, COO, will serve as the companys interim CEO.

Key Points: 
  • Effectively immediately, Inna Kuznetsova, COO, will serve as the companys interim CEO.
  • Nomi Bergman, a member of the companys Board of Directors, will assume the role of Executive Chairman during the transition.
  • We are pleased to have Inna leading the company, said Mrs. Bergman.
  • I am honored to build on the actions we have already taken to better position 1010data for the future, said Mrs. Kuznetsova.

NBCUniversal Unveils Peacock, A Free Premium Ad-Supported Streaming Service With Subscription Tiers

Retrieved on: 
Thursday, January 16, 2020

This is a very exciting time for our company, as we chart the future of entertainment, said Steve Burke, Chairman of NBCUniversal.

Key Points: 
  • This is a very exciting time for our company, as we chart the future of entertainment, said Steve Burke, Chairman of NBCUniversal.
  • Capitalizing on these key strengths, we are taking a unique approach to streaming that brings value to customers, advertisers and shareholders.
  • LAUNCH DATES & SUBSCRIBER TARGET:
    Xfinity X1 and Flex customers will have early bird access to Peacock Premium starting April 15.
  • Starting in July on Peacock Premium, NBCs late night talk shows will be streaming on Peacock beginning at 8 p.m.