In the News

Title

Will you need a ‘longevity’ annuity in retirement?

Document Type

Article

Publication Date

1-12-2015

Abstract

Get ready to hear a lot more in 2015 about “longevity insurance,” an increasingly popular product among would-be retirees and a potentially important tool for financial advisers.

Longevity insurance is more properly known as a deferred income annuity (DIA). “Deferred” is the key word.