Retirement Trends

The Committee for a Responsible Federal Budget is calling for a limit based on marital status and claiming age.

The fiscal proposal provides slightly less for the agency than the $14.9 billion requested by its commissioner.

Annuitization to secure a lifetime income stream is far from the only option available to annuity purchasers.

Taxpayers can enroll by filling out a one-page form when filing their return, the agency head says.

The findings highlight a broader tension in the retirement industry between using participant data to enhance services and concerns that the same information may be leveraged for cross-selling or other non-plan purposes.

A fiduciary would have to show that the benefits from reducing plan participant liquidity justified the impact.