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From Complexity to Confidence: Applying behavioral science to annuity decisions
By
  • Shilei Chen
  • Lizzy Lubczanski
  • Rosmery Cruz
  • Peter Hovard
Research and White Papers June 2026

Retirees face complex decumulation decisions but have limited understanding of lifetime annuities. RGA research shows behavioral biases and low comprehension suppress uptake. Simplified, better-framed communications can improve understanding and increase willingness ...

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