ICI Statement for the DOL/Treasury Joint Hearing on Lifetime Income Options

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ICI Statement for the DOL/Treasury Joint Hearing on Lifetime Income Options
Investment Company Institute [ICI]

[Opinion]
Sept. 15, 2010

Excerpt: [The remarks] focus on three areas the Agencies would like to explore further: First, specific concerns that may deter workers from selecting annuities rather than other distribution options; Second, what information would help participants make choices in managing and spending down retirement benefits; and Third, whether and how to disclose account balances as monthly income streams.

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