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401(k) Plans: The Push for Lifetime Income Options Is About to Begin
Foley & Lardner LLP 
June 17, 2020 "Ultimately, the question is whether there will come a time when the federal benefit rules will mandate the inclusion of an annuity distribution option in 401(k) and similar plans.... [L]est anyone think that the government isn't serious about this issue, note that the federal government's Thrift Savings Plan includes an in-plan annuity option and the Annual TSP Participant Statement already includes an estimate of the lifetime monthly annuity that can be provided with the employee's account balance." MORE >> |
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