Tag: annuities in 401(k) plans

Modern workplace of laptop, clock, money, dollars banknote with copy space on white wooden background

My colleagues and I are beginning to think seriously about embedding annuities in 401(k) plans.  401(k) plans generally offer lump sums, which means that retirees have to decide how much to withdraw each year.  They face the risk of either spending too quickly and outliving their resources or spending too conservatively and consuming too little.&nbs…