Converting retirement savings into income : annuities and periodic withdrawals /
To a worker contemplating retirement, there is perhaps no more important question than "How long will my money last?" Congress has a strong interest in the income security of older Americans because much of their income is either provided directly from public programs like Social Security,...
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| Format: | eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
Congressional Research Service,
2008.
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| Series: | CRS report.
CRS report for Congress ; R40008. |
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| Online Access: | Connect to this title via the OpenCRS website |
| Summary: | To a worker contemplating retirement, there is perhaps no more important question than "How long will my money last?" Congress has a strong interest in the income security of older Americans because much of their income is either provided directly from public programs like Social Security, or in the case of pensions and retirement accounts, is subsidized through tax deductions and deferrals. Many retirees must decide how to convert retirement account balances into income and how to preserve the accounts in the face of several kinds of risk. |
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| Item Description: | "December 1, 2008." Title taken from title screen (viewed July 17, 2009). |
| Physical Description: | 33 pages : digital, PDF file. |
| Format: | Mode of access: World Wide Web. System requirements: Adobe Acrobat Reader. |
| Bibliography: | Includes bibliographical references. |