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Insurance Against Outliving Your Retirement Savings
The Wall Street Journal; subscription may be required 
Aug. 24, 2014 "New federal tax rules, published in July, make it possible for individuals to buy so-called longevity annuities in their individual retirement accounts and 401(k) plans. Like a plain-vanilla immediate annuity, a longevity policy allows purchasers to convert a lump sum into a pension-like stream of income for life.... But these policies have downsides." MORE >> |
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