Labor & Economic News Blog


Wednesday, September 30, 2015

It’s sleazy, it’s totally illegal, and yet it could become the future of retirement

It’s sleazy, it’s totally illegal, and yet it could become the future of retirement

 Over 100 years ago in America — before Social Security, before IRAs, corporate pensions and 401(k)s — there was a ludicrously popular (and somewhat sleazy) retirement scheme called the tontine.

 



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