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Risky Business: Living Longer Without Income for Life (PDF)
Lifetime Income Risk Joint Task Force, American Academy of Actuaries
June 20, 2013 "Many steps can be taken that are noncontroversial, incur minimal costs or do not place mandates on retirement plan sponsors, but can provide significant retirement benefits to workers and their families. Possible approaches include: Emphasize Financial Literacy and Education for Prospective Retirees ... Refocus Plan Design on Lifetime Income Needs ... Implement Federal Retirement Policies to Support Lifetime Income Needs[.]" MORE >> |
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