September 18, 2013 at 10:08 AM EDT
Is The Optimum Level Of Annuity Ownership Negative?
BY DAVID JOHN MAROTTA Interesting article by Bob Seawright on ThinkAdvisor entitled “Just How Puzzling Are Annuities.” This is the paragraph which caught my eye. Notwithstanding the above, Felix Reichling of the Congressional Budget Office and Kent Smetters of the University of Pennsylvania’s Wharton School have recently published a new working paper on annuity optimization that [...]
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