Retirement leaders push for lifetime-income options in 401(k)s
Source
http://www.investmentnews.com/article/20100915/FREE/100919951
Date
Media Outlet
Investment News
Noel Abkemeier, a member of the Academy's Life Products Committee, was quoted from his testimony on behalf of the Academy to the U.S. departments of Labor and Treasury regarding lifetime income options in retirement plans. Abkemeier said that safe harbors should be expanded to facilitate plan sponsors in providing a board range of options.
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