This Annuity Feature Would Help Clients Manage a Health Shock
June 12, 2025 by Allison Bell
Three economists have gone into a virtual financial lab and come out with an idea for a new product: a health shock annuity feature.
The product, which they call a “refinancing enhanced annuity rider,” or REAR, could help ease the fears of retirement savers who like the idea of annuitizing their assets, and getting a lifetime stream of income, but who wonder what they would do if they suffered a stroke, heart attack or dementia and had a big, sudden need for cash.
Originally Posted at Think Advisor on June 6, 2025 by Allison Bell.
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