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Longevity Annuity Begins Payments Only If You Live a Long Time - Result Is Protection at Lower Cost
The Washington Post; subscription may be required
Aug. 13, 2007
Excerpt: The longevity annuity is an innovative new product, just beginning to gain traction. More formally known as an advanced life deferred annuity, it is also 'an annuity people might actually buy,' as a recent paper by Anthony Webb, Guan Gong and Wei Sun for the Center for Retirement Research at Boston College put it.
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