Tag: Social Security
Being new to the blog business, I was never sure if anyone was on the receiving end of my missals. Any uncertainty has been eliminated by an avalanche of angry messages over the weekend in response to “Social Security: The Cheapest Annuity in Town.” The responses to the proposal for households to use existing funds…
The Center for Retirement Research at Boston College has just released a new study that shows that the best way for people to turn their 401(k) balances into a stream of income is to “buy” an annuity from Social Security. Many people don’t recognize that Social Security is in the annuity business, but it is…
