deferred annuities Archives

How Annuities Can Enhance Retirement

In a research paper (Jan. 2023), co-authors Vanya Horneff and Raimond Maurer from Goethe University at Frankfurt, and Olivia S. Mitchell from Wharton underscore the value of integrating deferred income annuities into retirement plans. Their study suggests that waiting until age 70 for Social Security benefits, alongside the SECURE 2.0 Act’s emphasis on annuities, can significantly enhance retirement welfare. This highlights a valuable strategy for retirees to optimize their benefits and improve financial security. …Read More

Unlocking retirement potential: 401(k) plans have improved retirement prospects yet many still expose retirement savers to longevity risk. Wharton Professor Olivia S. Mitchell recommends bolstering #DC plans with deferred annuities. Via PIOnline.…Read More

Many defined benefit pensions and investment companies are seeking sustainable investment options, while defined contribution plans lag behind, says Catherine Reilly.…Read More

Though favored by academics and policymakers, annuities are less popular than other retirement plan options. Yet the recent SECURE Act may change that, according to Matt Carey.…Read More

2019 was a busy year in the realm of retirement. Here are some of our most popular posts, papers, videos and news items for the year.…Read More

The new SECURE Act includes retirement plan enhancements: Prof. Olivia S. Mitchell talks with David Brancaccio at Marketplace Morning Report how annuities will boost retirement wellbeing.…Read More

The new SECURE Act will boost retirement security, including raising the required minimum distribution age to 72 and encouraging 401(k) plans to include deferred annuities as payout options, explains Wharton Prof. Olivia S. Mitchell to Erin Arvedlund of the Philadelphia Inquirer.…Read More

Congress finally passed the long-awaited SECURE Act: deferred lifetime income annuities can now be included in 401(k) plans to enhance improve retirement security, explains Prof. Olivia S. Mitchell of Wharton to Elizabeth O’Brien at Money.…Read More

Few buy annuities, yet using just 10% of your retirement savings to buy deferred lifetime income benefits can be a great benefit, explains Olivia S. Mitchell to Elaine Silvestrini at Annuity.org.…Read More

Professor Olivia S. Mitchell contends that deferred lifetime annuities encouraged by the SECURE Act will protect retirees from longevity risk: see here at the Philadelphia Inquirer and our paper here.

401(k) plans leading the way toward retirement security, but room for growth, experts say

Defined Contribution Pensions Left Behind

Will the SECURE Act Open the Dam for Longevity Annuities?

The Best of 2019 at the PRC

The SECURE Act Will Boost Retirement Security

SECURE Act, signed by President, a game-changer for retirement plans

Congress Just Passed the Biggest Retirement Bill in More Than a Decade. Here’s What You Need to Know

The Annuity Puzzle

SECURE Act Update