In-plan annuities: A solution for retirement income security?
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Description
Abstract: Although they haven’t yet taken the retirement plan market by storm, so-called “in-plan annuities” are gaining acceptance among 401(k) plan sponsors. Annuities are insurance products that pay out income in the future and are popular for those who want a steady retirement income stream. This article examines whether in-plan annuities should be a part of a qualified retirement plan.
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