BISA Portfolio
Bill Would Clear Way for More Annuities in Retirement Plans
by BISA Admin
U.S. Reps. Tim Walberg (R-MI) and Lisa Blunt Rochester (D-DE) on Monday introduced the Increasing Access to a Secure Retirement Act, which would enable employers to provide workers guaranteed lifetime income products in their retirement plans. The bill provides a clear path for employers to meet their fiduciary obligations and will allow more retirement savers the opportunity to convert their retirement savings into guaranteed lifetime income. Related editorial: Pensions & Investments
Think Advisor (01/08/18)
Waddell, Melanie