Putting the Pension Back in 401(k) Plans: Optimal versus Default Longevity Income Annuities
NBER Working Paper No. 22717
---- Acknowledgements ----
The authors are grateful for research support from the TIAA Institute, as well as funding provided by the German Investment and Asset Management Association (BVI), the SAFE Research Center funded by the State of Hessen, and the Pension Research Council/Boettner Center at The Wharton School of the University of Pennsylvania. Helpful insights were provided by Mark Iwry. Opinions and any errors are solely those of the authors and not of the institutions with which the authors are affiliated, any individual cited, or the National Bureau of Economic Research.
---- Disclosure of Financial Relationships for Olivia S. Mitchell ----
Mitchell serves as an Independent Trustee for the Wells Fargo Advantage Funds and has received more than $10,000 from the TIAA Institute for research on retirement security.