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A Tepid Reception for Annuities as 401(k) Payouts

November 13, 2007
Related Topics: Retirement/Pensions, Benefit Design and Communication, Compensation
Although employers will soon have protection against being dragged into court on charges that they didn’t select the ‘safest’ annuity available doesn’t mean that they’ll now embrace annuities as a distribution option. The problem is that too few of the 52 million people who have defined-contribution accounts want to put their retirement savings into annuities.
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