If you are interested in the future of deferred income annuities in the retirement plan market, check out a new release by the Brooking Institute: http://www.brookings.edu/research/papers/2014/11/06-retirement-longevity-annuities-harris
The comprehensive analysis is titled Better Financial Security in Retirement? Realizing the Promise of Longevity Annuities. Both the title and contents reflect what may soon become a new U.S. federal government policy objective – promoting DIAs as "defined benefit look-alikes" for defined contribution plans.
Given the authors' enthusiasm for DIAs in retirement plans, it's interesting that they acknowledge: "as far as we are aware, no U.S. employer currently offers a longevity annuity option as part of their defined contribution retirement plan."
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