1. Deferred income annuity (DIAs) - this is like an immediate annuity but with a delayed start date. Generally, DIAs cannot be cashed out so this purchase would be irrevocable. 2. Deferred Multiyear or Index annuity- this type is somewhat like a bank certificate of deposit but without FDIC...
The tax-free cash lump sum can be used to buy a tax-efficient purchased life annuity (PLA), or in a phased retirement strategy. Income withdrawal ... Sweeting,Paul - 《Annals of Actuarial Science》 被引量: 2发表: 2009年 Denver's Lead Line Replacement Highlights Need For Funding Flexibilit...