In the News

Title

New Academic Research Finds Deferred Income Annuities Reduce Overall Cost of Funding Retirement

Authors

PR Newswire

Document Type

Article

Publication Date

4-16-2015

Abstract

Including a deferred income annuity (DIA) in a retirement portfolio helps reduce the cost of funding retirement while also offsetting risk and providing asset allocation flexibility, according to a new academic paper authored by Michael Finke, Professor and Director of Retirement Planning and Living, Texas Tech University and Wade Pfau, Professor of Retirement Income, American College.