Guaranteed income options may be coming to your 401(k) if Congress acts
If retirement legislation now under consideration in Congress becomes law, your 401(k) plan might have a new look.
The Secure Act, which passed the House in May and awaits Senate action, includes a provision that would make it easier for companies to include annuities in their retirement plans. And while people may be drawn to these guaranteed-income options, it’s important to grasp both the pros…