What Is a Longevity Annuity?
Question: What is a longevity annuity? Is this something new? – Ben from Dallas, Texas Answer: Thanks for the question Ben, and this is a product that I recommend a lot to my clients. The longevity annuity was actually introduced to the market about 7 years ago. It has also been called a “Deferred Income Annuity” and also a “Deferred Immediate Annuity.” Confused?….don’t be because its strategy is easy to understand, which is a primary reason for its growing popularity with consumers. First of all,...
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