Tag: Social security annuitization

Stack of coins in decreasing size left to right

Let’s offer workers a public option for their 401(k) saving! At a recent Brookings Institution forum on the decumulation of wealth in 401(k) plans, Dick Thaler, a behavioral economist and Nobel laureate, suggested that workers be allowed to send the Social Security Administration a portion of their 401(k) savings in exchange for an annuity.  T…