Annuities’ use in 401(k) plans gets green light
Will 2015 finally be the year when plan sponsors welcome these insurance products with open arms?
The Treasury Department blessed the use of annuities within 401(k) plans in 2014, paving the way for accessible lifetime income for retirees.
It was a big year for the department, which released rules in October that would permit annuities to be paired with target date funds in a 401(k) investmen
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