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January 20, 2010, Featured Articles, Regulations/Legal

Obama Is All Ears About Annuities

By Kerry Pechter   Wed, Jan 20, 2010

But there's no clear indication that Washington understands the nuances that make annuity decisions so complex and problematic.

The U.S. Treasury and Labor Departments are nearing a request for public comment on ways to promote the conversion of 401(k) and IRA savings into annuities or other steady payment streams.


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