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Post retirement, annuities provide a steady stream of income for retirees. However, the annuitization rate is relatively small in the insurance market in many countries around the world. Prior studies have shown that a substandard health status in retirement reduces annuitization due to adverse...
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household wealth lead to a greater tendency to hold and manage risky assets. Our decomposition analysis also shows that the gap … Korea relative to the United States. Our comparative analysis, using macro-level and harmonized longitudinal household … individual management of risky financial portfolios. We find that educational and health attainments of household heads and …
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National Statistics (ONS) to the UK's leading official measure of household wealth. The revision makes three changes to … reasoning. It is quite possible that the ONS's revised estimates of household wealth are actually further from the truth than … household wealth statistics on which to base policy. …
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During his or her working years, a retiree may have elected after-tax contributions to a designated Roth account administered within a 401(k) plan or a 403(b) tax-sheltered annuity (TSA). As usual for such plans, neither the plan nor the retiree is required to pay tax currently on income earned...
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