Join our mailing list!
(Your shopping cart is empty)
Diane Publishing Books
Retirement Security: Annuities with Guaranteed Lifetime Withdrawals Have Both Benefits and Risks, but Regulation Varies across States
Alicia Puente Cackley (au)
As older Americans retire, they may face rising health care costs, inflation, and the risk of outliving their assets. Those entering retirement today typically face greater responsibility for managing their retirement savings than those who retired in the past. Lifetime income products can help older Americans ensure they have income throughout their retirement. Variable annuities with guaranteed lifetime withdrawal benefits (VA/GLWBs) and contingent deferred annuities (CDAs), two such products, may provide unique benefits to consumers. According to industry participants, while annuities with GLWBs have been sold for a number of years, CDAs are relatively new and are not widely available. This report (1) compares the features of VA/GLWBs and CDAs and examines potential benefits and risks to consumers and potential risks to insurers,;and (2) examines the regulation of these products and the extent to which regulations address risks to consumers. Tables and figures.
Sherlock Holmes Victorian Cookbook: Favourite Recipes of the Great Detective & Dr. Watson
Peter Pan: The Original Tale of Neverland
Sale Price: $13.00
Reading from the Heart: Women, Literature & the Search for True Love
Years of Renewal
Sale Price: $12.00
Carnavalia!: African-Brazilian Folklore and Crafts
Sale Price: $10.00
Share your knowledge of this product with other customers...
Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
Become an Affiliate
Send Us Feedback
Copyright ï¿½ 2004 Diane Publishing Company. All Rights Reserved.