Friday, September 14, 2007

 

Income Annuities Can Free Savings for Investing

Today, with people living longer, traditional pension plans disappearing and uncertainty about Social Security and investment returns, a study by the University of Pennsylvania's Wharton Financial Institutions Center makes a strong argument for annuitizing a big chunk of our retirement savings. (Disclaimer:New York Life Insurance Co., a leading seller of income annuities, co-sponsored the study.)

Income Annuities Can Free Savings for Investing
Source: Insurance News Net

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