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050113s2001 mau ob 001 0 eng d |
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|a UAMI
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|a The role of annuity markets in financing retirement /
|c Jeffrey R. Brown [and others].
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|a Cambridge, Mass. :
|b MIT Press,
|c ©2001.
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|a 1 online resource (233 pages)
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|a text
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|a online resource
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|a Includes bibliographical references and index.
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|a A brief history of annuity markets / James M. Poterba -- Private annuity markets in the United States : 1919-1984 / Mark J. Warshawsky -- New evidence on the money's worth of individual annuities / Olivia S. Mitchell [and others] -- The role of real annuities and indexed bonds in an individual accounts retirement program / Jeffrey R. Brown, Olivia S. Mitchell, and James M. Poterba -- The costs of annuitizing retirement payouts from individual accounts/ James M. Poterba and Mark J. Warshawsky -- Taxing retirement income : nonqualified annuities and distributions from qualified accounts / Jeffrey R. Brown [and others].
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|a Print version record.
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|a Annuity insurance products help protect retirees against outliving their incomes. Dramatic advances in life expectancy mean that today's retirees must plan on living into their eighties, their nineties, and even beyond. Longer life expectancies are the symbol of a prosperous society, but this progress also means that some retirees will need to plan conservatively and cut back substantially on their living standards or risk living so long that they exhaust their resources. This book examines the role that life annuities can play in helping people protect themselves against such outcomes. A life annuity is an insurance product that pays out a periodic amount for as long as the annuitant is alive, in exchange for a premium. The book begins with a history of life annuity markets during the twentieth century in the United States and elsewhere. It then explores recent trends in annuity pricing and money's worth, as well as the economic value generated for purchasers of these products. The book explains the potential importance of inflation-protected annuities and stock-market-linked variable annuities in providing more complete retirement security. The concluding chapters examine life annuities in various institutional settings and the tax treatment of annuity products.
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|a English.
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|a eBooks on EBSCOhost
|b EBSCO eBook Subscription Academic Collection - Worldwide
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650 |
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|a Annuities.
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650 |
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|a Retirement income.
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650 |
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|a Annuities
|z United States.
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|a Retirement income
|z United States.
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650 |
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|a Revenu de retraite.
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|a Revenu de retraite
|z États-Unis.
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650 |
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|a BUSINESS & ECONOMICS
|x Personal Finance
|x Money Management.
|2 bisacsh
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650 |
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|a BUSINESS & ECONOMICS
|x Personal Finance
|x Budgeting.
|2 bisacsh
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650 |
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7 |
|a Annuities.
|2 fast
|0 (OCoLC)fst00809778
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|a Retirement income.
|2 fast
|0 (OCoLC)fst01096344
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|a United States.
|2 fast
|0 (OCoLC)fst01204155
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653 |
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|a ECONOMICS/Finance
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653 |
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|a ECONOMICS/Public Economics
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700 |
1 |
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|a Brown, Jeffrey R.
|q (Jeffrey Robert),
|d 1968-
|
776 |
0 |
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|i Print version:
|t Role of annuity markets in financing retirement.
|d Cambridge, Mass. : MIT Press, ©2001
|z 0262025094
|w (DLC) 2001030653
|w (OCoLC)46520844
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