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New Mortality Tables Shine Spotlight on 401(k) Plans
CFO Link to more items from this source
Dec. 23, 2014

"Barring strategies such as deferring retirement or investing more aggressively (in hopes of achieving higher returns on retirement assets), living longer means people need to save more to fund a longer retirement. However, many of the communications offering participants a lump-sum payment of their accrued pension benefit instead of a lifetime annuity don't mention they will have to make the payment last over an expected longer lifespan."

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