Many defined benefit pensions and investment companies are seeking sustainable investment options, while defined contribution plans lag behind, says Catherine Reilly.…Read More
Defined Contribution Pensions Left Behind
deferred annuities
Will the SECURE Act Open the Dam for Longevity Annuities?
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
The Best of 2019 at the PRC
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 SECURE Act Will Boost Retirement Security
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
SECURE Act, signed by President, a game-changer for retirement plans
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 Just Passed the Biggest Retirement Bill in More Than a Decade. Here’s What You Need to Know
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
The Annuity Puzzle
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
SECURE Act Update
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.
The Problem With Bonds in a Retirement Portfolio
Nobody knows how long they’ll live, which makes bonds a more risky prospect for retirees’ long term planning. Benjamin Harris cites work by Vanya Horneff, Raimond Maurer and Wharton’s Olivia S. Mitchell showing the advantage of putting 10% of 401(k) wealth into deferred annuities instead.…Read More