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Actuarial Tables Being Extended to Age 120

If you had any doubt that Americans are living longer, here's more proof. Actuaries are revising life insurance actuarial tables to go through age 120....
May 4, 2004

If you had any doubt that Americans are living longer, here's more proof. Actuaries are revising life insurance actuarial tables to go through age 120. Currently they end at age 100. Jack Luff, an actuary with the Society of Actuaries, explains that the changes will help very old seniors with certain types of policies avoid paying taxes and that the changes may result in lower premiums across the board.

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