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ira annuities News

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.

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.

Treasury Easing Rules on Annuities for Retirement Plans
The U.S. Treasury Department will help expand the availability of annuities and lifetime income choices in retirement plans, the agency said today.

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