Deferred Annuity

An annuity with a payout phase that commences (is “deferred”) at some specified future date. Deferred annuities can be purchased with either single (lump sum) or periodic premium payments. The contract holder determines the deferral period. Deferred annuity payments can be either fixed or variable. With a deferred annuity: 1) the money can go in as a single premium payment or a series of payments; 2) the money can be invested at a guaranteed rate or variable rate, and;
3) payments are deferred to some future date.

Mark Warshawsky on the Retirement Income Market

Mark J. Warshawsky is Director of Retirement Research at Towers Watson.

Dr. Warshawsky served as assistant secretary for economic policy at the U.S. Treasury Department from 2004-2006 and he has held senior level economic research positions at the Federal Reserve Board, the Internal Revenue Service and...

A Benchmark for Lifetime Income

The world is filled with investing indexes and benchmarks, and all professional investment managers measure their results relative to some type of performance standard such as the S&P 500.

On the retirement...

Treasury Department Focuses on Longevity Risk with Retirement Income Guidance

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.


How Much Annuity Income Would the Median 401k Balance Produce?

The Lifetime Income Disclosure Act introduced by the U.S. Senate last year would require...

Deferred Annuity Payments Receive Tax Break from Small Business Jobs Act

Owners of non-qualified deferred annuities will benefit from a provision included in the recently passed Small Business Jobs Act of 2010.
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