Consumers and retirement plan sponsors alike are always looking for ways to lower the cost of funding retirement. A new paper by Michael Finke and Wade Pfau says that deferred income annuities used in retirement planning can do just that. This information comes from Insurance …
We’ve talked before in this blog about the increasing popularity of deferred income annuity products. Since 2011, their sales have increased from $211 million to around $2.8 billion last year. The increasing sales of deferred income annuities have come partly from a decrease in variable …
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