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Use of income annuities in retirement gets a plug

CHICAGO — While income annuities are the most cost-effective way to provide income at retirement, investors are reluctant to purchase them, according to a new study.

CHICAGO — While income annuities are the most cost-effective way to provide income at retirement, investors are reluctant to purchase them, according to a new study.
Consumers aren’t annuitizing enough of their portfolios, according to the study, which was released Aug. 14 by the Whart

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