"Boston Annuity Product"
Maybe What We Need is a Deregulated Individual Defined Benefit Plan
... as a higher rate than is currently permitted by Individual Retirement Accounts (IRAs). A recent article by Scott Burns in the Boston Globe has re-ignited this discussion among a bunch of my pension geek friends. The article was titled " ... a defined benefit plan. One of the suggestions in the article was for workers to convert some of their retirement savings into a lifetime annuity. I think this misses the point. In 2008,
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