"Boston Indexed Annuities"
401(k) plans could be facing a total revamp - Pensions & Investments
401(k) plans could be facing a total revamp Pensions & Investments, IL - 11 hours ago What's more, account balances would be converted to inflation-indexed annuities upon retirement, although individuals could take a lump sum equal to 10% or ...
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401(k) plans could be facing total revamp FinancialWeek (subscription), NY - 3 hours ago What’s more, account balances would be converted to inflation-indexed annuities upon retirement, although individuals could take
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Maybe What We Need is a Deregulated Individual Defined Benefit Plan
... as a higher rate than is currently permitted by Individual Retirement Accounts (IRAs). A recent article by Scott Burns in the Boston Globe has re-ignited this discussion among a bunch of my pension geek friends. The article was titled " ... a defined benefit plan. One of the suggestions in the article was for workers to convert some of their retirement savings into a lifetime annuity. I think this misses the point. In 2008,
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