the annuity. Agents trade-off the advantages from annuitization, receiving the wealth-enhancing mortality credit, to the …

the annuity. Agents trade-off the advantages from annuitization, receiving the wealth-enhancing mortality credit, to the …

the annuity. Agents trade-off the advantages from annuitization, receiving the wealth-enhancing mortality credit, to the …

the annuity. Agents trade-off the advantages from annuitization, receiving the wealth-enhancing mortality credit, to the …

earners, instead of taking the annuity. Agents trade-off the advantages from annuitization, receiving the wealth …

the annuity. Agents trade-off the advantages from annuitization, receiving the wealthenhancing mortality credit, to the …

mandatory occupational pension plans choose an annuity. This paper will shed light on this extraordinary aspect. It revisits the …

annuity and a lump sum at retirement. Our analysis suggests the existence of an ?acquiescence bias?, meaning that a majority …'s worth of an annuity is considerably below the corresponding value of married men, are not more likely to choose the capital …

annuity and a lump sum at retirement. Our analysis suggests the existence of an 'acquiescence bias', meaning that a majority …’s worth of an annuity is considerably below the corresponding value of married men, are not more likely to choose the capital …

variety of assumptions, both market returns and annuity purchase prices, and should provide a much-needed reference point for … investment returns fall and annuity prices go up, to between 0.6-1.6 percent per year. The PDF for the above title, published in …