Annuities: Then and now
August 1, 2013 by Richard Dobson, Jr.
The history of annuities is one of growth and innovation. The original concept evolved from A.D. 222 when Roman scholar Ulpianis was credited with developing the first actuarial table. This progressed into individuals making large payments into an annua, (Latin for annual stipend) to receive annual payments till death or for a specified period.
Roman soldiers were paid an annua to compensate for their service. Click here to read…
Originally Posted at ThinkAdvisor on July 30, 2013 by Richard Dobson, Jr..
Categories: Industry Articles