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The Pension Source
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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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BPAS
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BPAS
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Merkley Retirement Consultants
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Deferred Income Annuity Purchases: Optimal Levels for Retirement Income Adequacy
Employee Benefit Research Institute [EBRI]
Jan. 3, 2019
"[At] current annuity rates, purchases of a DIA at age 65 deferring 20 years with no death benefits result in an overall improvement in RRR (for all ages of death combined) for DIA purchases equal to 5, 10, 15, and 20 percent of the 401(k) balance. However, there is an overall decrease in RRR for DIA purchases equal to 25 and 30 percent -- due in part to the interaction with long-term care costs."
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