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Postpone Annuity Payments For Years

Sunday, November 18, 2012 - 8:51 AM
From the Wall Street Journal
A growing number of insurers are rolling out a relatively new breed of deferred annuity that allows policyholders to boost income by postponing payments for several years.

The concept has started to catch on among Americans with pension envy. But people who purchase these policies lock in a smaller income when interest rates are low than they otherwise would.

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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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