Annuities striking out among employers, employees

Davis, Andrea
April 2011
Employee Benefit News;Apr2011, Vol. 25 Issue 5, p24
The article reports on the acceptance of annuities within the 401(k) employee benefits plans. While traditional deferrEd fixed annuities have been available to put in 401(k) plans for some time, employers have been reluctant to adopt them for several reasons. As mentioned, fiduciary concerns, lack of portability, and high costs have hampered widespread acceptance of annuities. As reported, the main reason for employees being uncomfortable with inplan annuities is the fiduciary implications.


Related Articles

  • Nonqualified/401(K) wrap-around plan approved. Fossett, Peter A. // National Underwriter / Life & Health Financial Services;11/13/95, Vol. 99 Issue 46, p48 

    Reports on the use of a nonqualified deferred compensation plan as a temporary holding tank for deferred compensation destined for a 401(k) plan. Ensuring maximum deferrals for highly compensated employees; Problems on administering 401(k) plans; Finding techniques that ensure maximum deferrals...

  • Vast majority of employers contribute to 401(k) plans. GEISEL, JERRY // Crain's Cleveland Business;4/8/2013, Vol. 34 Issue 14, p0011 

    The article reports that a vast majority of employers in the U.S. with 401(k) plans match employees's salary deferrals, according to an Internal Revenue Service survey.

  • Annuities meaningless if savings 'practically zero'. Stolz, Richard // Ebn.benefitsnews.com;8/6/2015, p1 

    Employees may express interest in annuities, yet few retirement plan sponsors are rushing to offer them within their 401(k) plans.

  • GIVE THE PEOPLE WHAT THEY WANT. Adams, Nevin E. // On Wall Street;Oct2006, Vol. 16 Issue 10, p55 

    The article focuses on investing in annuities as part of 401(k) plans in the U.S. Retirement savings are usually predicated on accumulating enough money to buy an annuity. The goal of retirement savings is to have an adequate income after a person is no longer gainfully employed. Most of the...

  • Annuities meet their match. Gottlieb, Jenna // Pensions & Investments;10/15/2007, Vol. 35 Issue 21, p1 

    The article reports on the planning of Barclays Global Investors (BGI) to turn the employer match in 401(k) plans into an annuity with capital appreciation to boot. It is mentioned that by offering an annuity as part of a multipart fund called SponsorMatch, addition is expected to be made in...

  • Asset Allocation of 401(k) Plan Participants. Holden, Sarah; VanDerhei, Jack // Journal of Financial Service Professionals;Sep2002, Vol. 56 Issue 5, p72 

    According to the latest statistics, about 42 million Americans hold 401(k) plan accounts with a total of $1.8 trillion in assets. This study analyzes how that money is invested in 401(k) accounts. Its findings include the following: 1) Despite volatility in equity markets in 2000, 401 (k)...

  • Web Poll : Your 401(k) and you.  // Business Journal Serving Fresno & the Central San Joaquin Valley;11/14/2008, Issue 323944, p34 

    The article reports on the result of the Web poll on how often Americans check their 401(k) plan. Nearly half of the respondents said that they never check while 38.8 percent look at it once a month. It is said that respondents are once again doing the smart thing and leaving the 401(k) alone in...

  • Study: Workers decide to skip free money in 401(k) plans. Jarboe, Kathleen Johnston // Long Island Business News (7/1993 to 5/2009);3/4/2005, Vol. 52 Issue 10, p51A 

    Reports on a study which indicates that U.S. employees are failing to take full advantage of 401 (k) retirement plans. Consideration of contribution of members; Awareness of employees regarding their benefits; Ways on how to save earnings to maintain the same lifestyle after retirement.

  • EBRI Study Indicators 401(k)s More Popular with Employees than IRAs.  // Risk Management (00355593);Nov85, Vol. 32 Issue 11, p90 

    This article reports on the study released by the Employee Benefit Research Institute concerning the 401(k) plans in the U.S., as of November 1985. The study discusses current law requirements of 401(k) plans, looks at data on 401(k) availability and participation and suggests how the 401(k)...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics