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Longevity Annuities Allowed in Retirement Plans

Friday, Jul 11 2014

Retirement

Written by PFA News

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The Internal Revenue Service and Treasury Department have issued new regulations that allow longevity annuities in employer-sponsored retirement plans and IRAs. So reports The Hill.

The annuities typically don’t provide income until individuals turn 80 or 85 years old and aim to manage longevity risk. Read the full article from The Hill.

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