Understanding Longevity Annuities
Автор: Brookings Institution
Загружено: 2014-11-14
Просмотров: 655
Описание:
Katharine Abraham, University of Maryland: Longevity annuities mitigate your longevity risk (that is, the risk that you might outlive your assets). Individuals typically purchase these products decades in advance, and they start paying out at age 75, 80, or 8, allowing individuals to spend down their retirement savings in expectation of receiving future steady income from the longevity annuity.
http://www.brookings.edu/events/2014/...
On November 6, the Retirement Security Project hosted a panel of experts to discuss the potential for these products to contribute to the economic security of older Americans, in addition to policy reforms that could lead to greater take-up by retirement plan sponsors and consumers alike.
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