Faculty Publications


Deferred Income Annuities Before Retirement

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  • Most deferred income annuities (DIAs) have a relatively short deferral period, making them particularly appealing to clients nearing retirement who value the ability to plan on a fixed, nominal income stream after retirement.
  • Unlike long-term deferral period annuities (longevity insurance) that are primarily meant to protect against longevity risk, a short-term deferral period annuity can provide a steady income to pre-fund retirement spending over the entire retirement life cycle.