Tag: United Technologies Corp

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Annuities Need to Be 401(k) Default

MarketWatch Blog by

July 31, 2019

United Technologies does it, but does any other major company? 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…