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CRITs: An Alternative Retirement Income Approach
savings to purchase a guaranteed lifetime income annuity from an insurance company. However, these annuities ... retiree a monthly annuity income. The retiree would select the form of the annuity, which would include ...- Authors: Mark Shemtob
- Date: Sep 2021
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions
- Publication Name: Retirement Section News
- Topics: Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Pension legislation and regulation; Pensions & Retirement>Private sector plans; Pensions & Retirement>Post retirement risks; Pensions & Retirement>Retirement Investment Income Tontines (RITs)