The actual process of converting a sum of money into a stream of income and the point at which annuity payments begin. For example, with Social Security the sum of money that has hypothetically been accumulating over one’s working years would be annuitized when the person chooses to begin receiving Social Security benefits.
Submitted by tom on
There is an interesting op-ed in the New York Times (click here to read) that discusses the notion of a basic, inflation adjusted
Laddering is a term that refers to staggered purchases over time.
Submitted by tom on
There appears to be some debate taking place in the U.K. at the moment regarding compulsory annuitization.
Much has been written over the past couple of weeks about the Obama Administration's support of annuities.
The New York Times ran a story about the "unloved annuity getting a hug from Obama."
Bloomberg featured an article in its personal finance section describing the potential, the pitfalls and the overall industry enthusiasm surrounding in-plan annuities.
The federal government has posted a...
