The state regulators put insurance companies through very rigorous tests on all of their capital requirements, and if they have been audited within five years, they cannot meet these certification requirements.

Melissa Kahn

It's not just immediate annuities anymore, where you hand over a lump sum of money all at once, there are a lot of different options now that can meet different needs of plan participants and employers.

money

The lifetime income disclosure is critical for improving financial literacy, today's 401(k) statement just tells you how much is in your account - and for most people it's more than they've ever seen in their lifetime in one place, so they think they are rich. But when you see what that will generate in income, it's a real wake-up call.

money

When you ask people about their key fears in retirement, the worry that they will outlive their money is always near the top of the list.