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The Advice Challenge

Though some defined contribution plans have added retirement income options in the form of annuities, there is a challenge to retirees in deciding whether to select such options and if so the ...
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Description: Though some defined contribution plans have added retirement income options in the form of annuities, there is a challenge to retirees in deciding whether to select such options and if so the amount to purchase. This article discusses a variety of considerations that retirees should be aware of when making a decision to annuitize.
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- Authors: Mark Shemtob
- Date: Apr 2025
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions
- Topics: Pensions & Retirement; Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Post retirement risks

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The Advice Challenge