Roundup of latest retirement news

E. B. N.
May 2009
Employee Benefit News;May2009, Vol. 23 Issue 6, p52
This section offers retirement news briefs as of May 2009. At the Education and Labor Committee hearing of the U.S. Congress, Investment Co. Institute president Paul Schott Stevens testified that Americans have continued their 401(k) contributions despite the economic crisis. Mutual fund companies and insurance agencies are still competing for control of the annuities market by adding guaranteed income options for target-date funds as a way to protect investors from significant market losses.


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