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DOL Proposal Would Require Lifetime Income Estimates on 401(k) Benefit Statements
Leonard, Street and Deinard 
May 23, 2013 "As healthcare advances increase longevity, plan participants and plan sponsors are becoming more concerned about retirement savings and the participant's ability to sustain an income flow during their lifetime. The DOL proposal is motivated by the premise that providing plan participants with more information will motivate them to make better personal saving and investment decisions with respect to their 401(k) plan." MORE >> |
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