Money Magazine on Immediate Annuities

There is a good article on the use of immediate annuities by Walter Updegrave who is a senior editor at Money Magazine.

The article discusses how to think about an immediate annuity in light of other guaranteed payments from Social Security or a pension plan.

Laddering of annuity purchases is discussed.

Age and timing of an annuity purchase is addressed, as is the concept of the mortality yield or mortality credit.

Source: Money Magazine

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