Insight: Can an Experiment Shed Light on the Decision to Annuitize?
By George A. (Sandy) MacKenzie
IDEAS IN THIS INSIGHT YOU CAN PUT INTO ACTION
Its basic insight relates to a key feature of the design of defined-contribution plans: namely, the appropriate default setting that determines what beneficiaries receive when they retire.
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About the Author
George MacKenzie is the former editor of The Journal of Retirement. He is one of the coauthors of the article being summarized, and the views he expresses are not necessarily those of his coauthors.