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Groups Praise DOL ANPRM on Lifetime Income as a 'Good First Step' (PDF)
Bloomberg BNA Pension & Benefits Reporter Link to more items from this source
May 21, 2013

"'We highly support the idea of people being able to translate their [tax code Section] 401(k) balances into some sort of lifetime stream of payments,' said Karen Friedman, executive vice president and policy director at the Pension Rights Center ... Edward Ferrigno, vice president of Washington affairs at the Plan Sponsor Council of America ... said that he is supportive of DOL's lifetime income initiative, but he does not think it should be required."

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