When are income annuities right for you?
Wade D. Pfau
There’s a time and place for everything, and that includes something called single-premium income annuities, or SPIAs.
And now just-published research should help those saving for and living in retirement pin down with more confidence than ever before whether to buy and use SPIAs as part of their retirement plan, and, if so, when to use such products and at what age.
Powell, Robert, "When are income annuities right for you?" (2013). In the News. 483.