Wednesday, January 27, 2010


Obama To Highlight Annuities

The Obama administration will promote use of annuities to generate retirement income when it releases proposals for helping stressed middle-income families... The administration’s plans include a proposal to encourage the use of annuities and similar products to transform savings into guaranteed future income, thereby reducing the chance of retirees’ outliving their savings or seeing nest eggs worn down by inflation or investment losses...

National Underwriter: Obama To Highlight Annuities

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