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Making State-Run Retirement Plans Work for Private Employers: Including Lifetime Income Options (PDF)
AARP Link to more items from this source
Dec. 14, 2015
"[W]hile 401(k) plans are enormously popular, they have not yet been proven successful if we measure success by their ability to provide retirement income that lasts as long as the individual lives. Therefore, designers of state-sponsored retirement savings programs that target the three critical issues of access, adequacy, and lifetime income security should address how their program could ensure that individuals do not outlive their savings. These programs could incorporate lifetime income options into those savings programs."

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