6/10/2008: Increasing Annuitization in 401(k) Plans with Automatic Trial Income (PDF) (The Retirement Security Project)
24 pages. Excerpt: "Specifically, we propose that a substantial portion of assets in 401(k) and other similar plans be automatically directed (defaulted) into a two-year trial income product when retirees take distributions from their plan, unless they affirmatively choose not to participate."
Important word about authorship:
BenefitsLink ® (BenefitsLink.com) provides this page for you,
with a hypertext link to an item we think is interesting and valuable
for companies sponsoring employee benefit plans, employees who participate in plans,
and firms who provide products and services to plans. But BenefitsLink
is not the author of the item to which this hypertext link
will take you (unless expressly indicated there).
|
|