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Posts Tagged ‘assured income’

Washington viewing annuities as part of a lifetime income solution

March 11, 2010

President Obama recently called for a change in rules to allow the use of annuities as investment options within 401(k) plans.
Annuities are insurance agreements that provide a guaranteed income stream in retirement.
A fact sheet released by the Administration’s Middle Class Task Force noted that 401(k) regulations need to be updated to improve transparency and reliability. [...]

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The need for assured income assets in 21st century retirement plans

November 3, 2009

In his keynote address to retirement industry leaders at the recent Pensions & Investments West Coast Defined Contribution Conference, Putnam Investments President and Chief Executive Officer Robert L. Reynolds emphasized the growing need for assured income assets in retirement savers’ portfolios.
As American workers live longer, and as income from traditional sources like pensions and Social [...]

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