Monday, August 27, 2007

 

Annuities New Option for 401(k) Savings Plans

After decades of shifting workers from traditional pensions to 401(k) plans, the pendulum may be swinging again.

Employers aren't coming full circle back to defined-benefit pensions, but they are starting to introduce annuities inside 401(k) plans that are aimed at mitigating some of the market risk workers face as they retire.

Annuities New Option for 401(k) Savings Plans
Source: Insurance News Net

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