Bloomberg.com:  “The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams following a collapse in retiree accounts when the stock market plunged.  The U.S. Treasury and Labor Departments will ask for public comment as soon as next week on ways to promote the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams . . . .”

Related posts:

  1. Ready to Roth: How You Fund an IRA Conversion Through the ‘Back Door’
  2. New Year is a Good Time to Consider Adding Roth IRA to Financial Strategy
  3. Inherited Retirement Accounts Require Careful Management
  4. Protecting Your Retirement Savings
  5. Have A Happy Retirement Together With A Retirement Plan
  6. Making Smart Choices With Your IRA
  7. Working Longer May Not Close Retirement Gaps
  8. Tax Friendly States for Retirement
  9. New Rules for Retirement
  10. Why You Should Delay Retirement