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VAPPs: Coming Soon to a Retirement Plan Near You?
Milliman Retirement Town Hall 
Feb. 12, 2015 "[V]ariable annuity pension plans (VAPPs) are regaining interest for retirement plan sponsors because their structure combines many of the strengths of traditional defined benefit plans with the strengths of traditional defined contribution plans.... While the level of the benefit may not be guaranteed, stabilization strategies exist to dramatically reduce the possibility of retiree benefit declines and the participant does not need to worry about running out of money during retirement." MORE >> |
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