Document Type

Article

Publication Date

1971

ISSN

0006-8047

Publisher

Boston University School of Law

Language

en-US

Abstract

The variable annuity is a novel retirement plan. It was devised to minimize the inadequacies of a fixed-dollar annuity as a retirement device. Inflation' and an accelerating standard of living have left persons receiving fixed-dollar annuities with only a fraction of the income required to meet their needs

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