Waiting until Security Benefit is officially declared insolvent to discuss the danger would be absurd. By then, annuity owners would already be trapped, regulators would already have imposed restrictions, questionable assets would already be difficult to sell, and the state guaranty associations would be scrambling to construct a rescue with money they do not presently … Continue reading Security Benefit May Be the Biggest Annuity Risk Since AIG—and the State Guaranty System Is Not Ready