A longevity annuity is a type of income annuity with a deeply deferred payout period that commences well into the future. For example, a 65 year old person might purchase a longevity annuity with a payout period that begins at age 85. Longevity annuities are relatively new, but they represent a very powerful and efficient form of insurance. Longevity Annuities are often referred to as longevity insurance.
The Treasury Department just released a proposed set of regulations that could have a meaningful impact on the retirement income market in the U.S.
The Treasury’s guidance package builds on feedback received in response to the request for comments issued by the Labor and Treasury Departments last fall.
The...
A recent paper sponsored by the...
There is a prominent and growing group of people who believe that the exponential pace of technological progress will have a profound near-term impact on society. Singularity is a term often associated with this school of thought.
