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Retirement Industry Rallies Around LIFE Act Proposal to Allow Annuities as QDIAs
planadviser Link to more items from this source
Feb. 17, 2022

"[The Lifetime Income For Employees Act (HR 6746)] would amend the DOL's current default investment safe harbor regulations to allow, but not require, a retirement plan's default investment to include a limited investment in a non-liquid annuity component that provides a guaranteed return on investment."

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