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purchase annuity News

New Annuity Rules for 401(k)s
The federal government is trying to make it easier for workers to buy annuities with their retirement savings. The Treasury Department issued several new regulations last week aimed at encouraging retirement savers to use their 401(k) balance to purchase an annuity that would guarantee monthly payments throughout retirement.

New Treasury Rules Ease Purchase of Annuity With 401(k)
New regulations are intended to make it easier for retirees to transfer money from their 401(k)s into an annuity that would guarantee payments until they die.

New Treasury Rules Ease 401(k) Annuity Purchase
New regulations are intended to make it easier for retirees to transfer money from their 401(k)s into an annuity that would guarantee payments until they die.

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