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Why Most Annuities Aren't Inflation-Adjusted (and Why That's a Problem)
The Wall Street Journal; subscription may be required
[Opinion] Sept. 23, 2019 "[L]ess than 5% of immediate and deferred annuities quoted in 2018 included any type of cost of living adjustment. This is way too low. While it's definitely true that not everyone needs an annuity with a COLA, more retirees should at least be considering them during the purchase process. Why aren't COLAs included in more annuity quotes? [The] key reason is the impact COLAs have on initial payout rates." MORE >> |
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