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He also explained why giving the wife the full survivorship benefits was a sucker's package. It takes 9% of your annuity. Sure, she gets 55% of my retirement if I die, but if I reduced that amount to the minimum, I could buy an insurance policy with the savings that would pay her that much many times over. But I can't go that route either. It would need her approval, and since that isn't the way her parents did things, it's a non-starter.
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