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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
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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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