Both sides of the aisle expressed interest in more choices for  annuities in retirement plans, but only Democrats pushed for strengthening Social Security.
Here's how you should assess these new options, including the fees and risks associated with them.
Key Takeaways A reintroduced House bill would let employees age 50 and older roll over some or all of their 401(k) savings into an annuity.Financial advisors warn that annuities can be complex, costly ...
The Target Retirement Lifetime Income Trusts will incorporate the TIAA Secure Income Account as a guaranteed income option within Vanguard’s target-date structure. The new series is designed for ...
While some insurers will issue an annuity for as little as $10,000, the reality is it usually takes a six-figure investment to produce a meaningful income in retirement. For the average American, the ...
Options will keep coming, but signing up for an annuity is something you want to carefully consider Your 401(k) plan may send you educational materials soon about annuity options. Dear Fix My ...
Workers in the U.S. remain in one job for an average of five years before moving on to another. As a result, workers will experience a significant number of job changes over the course of their ...
Interest in lifetime income products within retirement plans is growing, and a new tool helps plan sponsors and advisors to match the right annuity product into the 401(k) plans for their employer ...