Longevity Annuities

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Jan 26, 2009 1:18 pm

Anyone using longevity annuities?  I've been reading up on them lately, and though they're a bit new, they sound like they could be good strategies for some of my clients w/out defined benefit plans. 

If so, can you say what carrier you're using?  I'm having a hard time finding out who offers them.

*edit:  Found Hartford, it's their Income Security annuity 

Jan 26, 2009 5:14 pm

Nothing new about them other than the fancy name.  A deferred annuity by any other name is still a deferred annuity.