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IRS Proposes Rules to Help Retirees Make 401(k) Payments Last Longer
Business Management Daily Link to more items from this source
July 10, 2012

"Even if they've been diligently socking away money in their 401(k) plans, employees who are about to retire are no doubt nervous about their financial futures.... Believe it or not, the IRS wants to help. The [IRS recently] proposed guidance [that] seeks to allow employers to offer soon-to-be retirees a wider range of choices with regard to how they receive their 401(k) retirement benefits."

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