Millennials, the report noted, accounted for a majority of the new IRAs, with contributions among that group increasing 41% over the last year, while the amount they contributed increased 64%. It further noted that among female millennials, the number of IRAs increased 20% from Q1 2019.
Research has recently indicated that at least 70 percent of those turning 65 this year can expect to use long-term care. The average stay is about 2 ½ years or about 30 months. Genworth offers both long-term care insurance and group long-term care insurance. GENWORTH INSURANCE COMPANY AT A GLANCE Premiums written $177 million Financial […]