CUNA Mutual Group’s Deferred Income Annuity Recognized on Barron’s Top 50 List

CUNA Mutual Group announced Barron’s, the world's premier investing publication since 1921, included the company on its list of “The 50 Best Annuities.”

CUNA Mutual Group appeared on the publication’s Deferred Income Annuity pension and longevity lists for the insurer’s MEMBERS® Future Income Annuity product, which turns a lump sum of money into a lifelong income stream.

According to Barron’s, the 50 best annuities “screened for the most competitive contracts across different types of annuities using assumptions such as age and size of investments.” Barron’s further narrowed its list to include only insurers with an A.M. Best financial strength rating of A- or above.

“We are proud to be ranked among the best annuities in the country,” said David Hanzlik, vice president of annuity solutions, CUNA Mutual Group. “In an industry with constant change and market uncertainty, we are focused more than ever on creating investment products and services that are easy to understand. We’ve served financial institutions and advisors with innovative products for more than 80 years, and we play a critical role in helping people make choices that support their financial goals.”

CUNA Mutual Group is well-known within the credit union industry and has recently expanded distribution of annuity products to other nationally known financial institutions and broker-dealers.