Employee Benefits & Executive Compensation Partner Linda Hoseman was quoted in the Bloomberg Law article, “Annuity Uptake Among 401(k) Savers Tests ERISA Limits at 50.” The article discusses how those saving for retirement are becoming more interested in annuities for guaranteed lifetime income, as 401(k) plans and pensions provide new ways to integrate these products. It notes the shift toward annuities raises questions about the future of ERISA, initially designed for traditional pensions, as it reaches its 50th anniversary.
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