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INFOGRAPHIC—A New Approach to Retirement Income: Next-Gen vs. Traditional Vas

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New research by Wade Pfau, Ph.D,. CFA examines client scenarios where a low-cost flat-fee IOVA may generate more retirement income versus a guaranteed VA. As guaranteed products have evolved over time and become more expensive, his findings show that in many scenarios, the flat-fee IOVA can be a more efficient solution to generate income and build wealth, while a guaranteed VA is more likely to deplete wealth.