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Variable Annuities, Variable Insurance And Separate Accounts, Tamar Frankel
Variable Annuities, Variable Insurance And Separate Accounts, Tamar Frankel
Faculty Scholarship
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.