The Handbook of Variable Income Annuities

In-depth coverage of variable income annuities With trillions of dollars in retirement savings assets, the tensof millions of Americans on the precipice of retirement need toconvert these savings into retirement income. The fact thatvariable income annuities (VIAs) generate maximum lifetime incomewith zero probability of outliving it has spurred the need for moreinformation about VIAs. The Handbook of Variable IncomeAnnuities is by far the most comprehensive source ofinformation on this topic. This book thoroughly describes the mostimportant principles of optimal asset liquidation and demystifiesVIA mechanics, so readers can gain a high comfort level with thisimportant financial instrument. Interestingly and clearly, TheHandbook of Variable Income Annuities explains themathematical pricing of variable income annuities, expected ratesof return, taxation, product distribution, legal aspects, and muchmore. Jeffrey K. Dellinger (Fort Wayne, IN), a Fellow of theSociety of Actuaries and a member of the American Academy ofActuaries, has over 25 years experience in the financialservices sector. He advises institutions on retirement incomeoptimization, products, and markets.