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How Long Will We Live in Retirement, and Will We Have Enough Funds?
seven-year delay, but because it's required, about 17 percent opt to buy a deferred annuity. They have ... leave it in the plan. They can put it in a bank. But 17 percent buy a deferred annuity to achieve that deferral ...- Authors: William Leslie, Beverly Orth, Anthony Webb
- Date: Oct 2004
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Global Perspectives; Pensions & Retirement>Retirement risks