In-Plan Annuities Show Promise Despite Obstacles
An " in-plan annuity " refers to an annuity option that exists within a 401k plan. The notion of an annuity-based retirement income option within a 401k plan is a relatively new concept. Advocates of in-plan annuities--which include key members of the Treasury Department and Congress--believe that partial annuitization is important for the retirement security of the millions of Americans whose access to stable sources of pension income is largely limited to Social Security . There are, however...
Glossary:
Key Phrases:
- Read more about In-Plan Annuities Show Promise Despite Obstacles
- Log in to post comments