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Annuities in 401(k)s get a boost
Last week, the U.S. Treasury Department proposed changing Internal Revenue Service rules to make it easier for people saving for retirement -- or actually living in retirement -- to use some of the money in their 401(k)s to buy annuities that guarantee monthly payments until they die.

'Toxic' annuities cost us бё1bn
Pensioners are short-changed as insurers shut them out from best income deals.

Andrea Coombes' Ways and Means: New rules to bring annuities to 401(k)s, IRAs
The Obama administration on Thursday proposed new rules aimed at encouraging retirement savers to tap annuities and other products that allow them to turn their savings into a guaranteed monthly income for life.

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