Nexus Administrators, Inc.
Benefit Comply, LLC
Ubiquity Retirement + Savings
The Ryding Company
ftwilliam.com / Wolters Kluwer
DWC - The 401(k) Experts
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|GOP and Democrats Clash Over Modifying 401(k) Plans|
San Francisco Chronicle
May 13, 2010
Excerpt: The Obama administration is looking for ways to make 401(k) and other defined-contribution plans more like those rapidly disappearing defined-benefit plans, which guarantee retirees a pension for life. One idea under consideration is to encourage or require employers to offer annuities or other 'lifetime-income products' as an option in their 401(k) plans. Some folks, intentionally or not, are confusing this idea with a more radical concept to create guaranteed retirement accounts, which would give the government a far greater role in retirement savings.
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|