This special report discusses the importance of TPA in trade negotiations, as well as the positive impact of a system that promotes open markets on U.S. jobs and economic growth.
This report looks at the existing literature on behavioral economics, which has traditionally focused on the accumulation phase of retirement planning, and con- siders the applicability of some of its findings to the payout phase in order to understand how guaranteed lifetime income can be made a natural part of the retirement decision for individuals at varying income levels.
This paper assesses the impacts of increased annuitization on the U.S. economy through macroeconometric model simulation of a policy initiative currently in the Congress—The Lifetime Pension Annuity for You Act (Lifetime PAY Bill) introduced by Representative Earl Pomeroy (D-ND).
The adequacy of retirement income depends not only on how much wealth a household accumulates, but also on decisions on how to allocate and spend this wealth after retirement. Uncertainty about the length of life is crucial in decision making about allocating and spending down wealth.
This report investigates the current trends in the annuities market and their importance for the aging population.