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Making Retirement Savings Last
CFO Link to more items from this source
[Opinion]
Sept. 30, 2010
Excerpt: Annuities, in their basic form, offer a steady and guaranteed paycheck during retirement years in exchange for a lump sum of money up front. The problem that plan sponsors may face in offering annuities is with vetting the insurance companies that sell them. The big question: if an insurance company goes under 20 or 30 years after the investment is made, is a plan sponsor liable for continuing the payments?

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