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New Tax Guidance on Use of Annuities in Retirement Plans (PDF)
Eversheds Sutherland, via JDSupra Link to more items from this source
[Guidance Overview]
Feb. 7, 2012

The Obama Administration has in a number of ways previously evinced its intent to facilitate lifetime income solutions in defined contribution plans. This guidance package, which Treasury announced in a press release and which was accompanied by a White House statement, a fact sheet and a report, constitutes a meaningful contribution to that effort. The fact sheet notes that Treasury and the Department of Labor expect to issue further retirement income guidance later this year.

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