◀ The Principal Blog

Posts from the ‘Defined Benefit’ category

Outrunning the Liability Bear



There’s an old joke, most famously told by Ronald Reagan, featuring two men who are surprised by a grizzly bear in the woods. As the bear snarls and prepares to charge, the first man calmly pulls a pair of running shoes from his backpack and begins lacing them up. The second man scoffs, “What…

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Not Sure I’m “Buy-in” All of These Claims About Buy-in Annuities



A recent reading of marketing materials for a pension annuity product known as a “Buy-in” unexpectedly took me on a trip down memory lane. Like many children growing up in the 1970s, after getting home from school I would make a bee-line to the TV to watch reruns of cartoons and sit-coms on the…

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