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Research Details: Designing Optimal Pension Payouts Using Life Annuities and Phased Withdrawals (PDF)
Michigan Retirement Research Center, University of Michigan 
Feb. 2, 2007 Excerpt: This research project will evaluate the key risk and return trade-offs of alternative ways of handling the payout phase of a defined contribution or Social Security personal account. This project will compare these outcomes for a life annuity versus a phased withdrawal. MORE >> |
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