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Annuitized Wealth at Older Ages: Evidence from the Health and Retirement Study
Richard W. Johnson, Leonard E. Burman and Deborah Kobes via Urban Institute
May 20, 2004
"We ... describe how older adults dispose of their DC and IRA assets when they separate from their employers, devoting special attention to those who convert their assets into annuities. The paper also measures the share of elderly adults receiving annuity payments and the share of total wealth they hold in the form of annuities."
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