Wednesday, October 11, 2006
Bolstering U.S. Retirement Security Through Annuities
A looming problem facing over 70 million aging Baby Boomers -- how to manage their savings during retirement and not outlive their assets -- could be addressed by offering tax incentives to annuitize savings held in 401ks, IRAs and other sources of retirement income.
Increased use of annuities by retirees can also boost U.S. GDP levels, employment and the S&P 500. (Annuities are financial products that provide insurance against outliving one's financial assets by allowing a lump sum of wealth to be converted into a stream of future payments that typically continues as long as someone is living.)
Bolstering U.S. Retirement Security Through Annuities
Source: Insurance News Net
Increased use of annuities by retirees can also boost U.S. GDP levels, employment and the S&P 500. (Annuities are financial products that provide insurance against outliving one's financial assets by allowing a lump sum of wealth to be converted into a stream of future payments that typically continues as long as someone is living.)
Bolstering U.S. Retirement Security Through Annuities
Source: Insurance News Net
Permalink posted by armandn @ 7:28 AM 
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