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Deferred-income annuities grab spotlight from traditional variable annuities

Run-up of DIAs in recent years points to a new retirement income stream for clients. (Plus: Our full special report on annuity strategies)

The lowly deferred-income annuity is finally getting its moment in the sun, as well as in clients' retirement income plans.

Deferred-income annuities started as a variation of the single-premium immediate annuity (SPIA), using a similar concept: A client puts down a lump sum and receives a strea

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