Include Laddered Annuities In RMD Tax Rules, Researcher Recommends
December 17, 2015 by Linda Koco
A researcher at George Mason University has come up with what he believes is an effective strategy to guarantee lifetime retirement income.
The approach entails combining laddered immediate annuities with systematic withdrawals from retirement accounts, plus a tax rule change that provides an incentive to purchase the annuities.
If the proposal gets legs, it could spur more use of immediate annuities with qualified retirement assets and thus greater use of annuitization to ensure lifetime income, Mark J. Warshawsky told InsuranceNewsNet. Warshawsky is senior research fellow at the university’s Mercatus Center and is the author of a new study on the strategy. Click HERE to view
Wink’s Note: InsuranceNewsNet articles may require a subscription to view
