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Make annuities an advising priority

Published
  • April 24 2014, 9:14am EDT

As the aging baby boomer generation continues its mass exit from the workforce in the form of retirement, employers are looking for solutions to meet employees’ financial needs, including the increasingly popular use of annuity products.

Rolled into qualified retirement plans such as a 401(k) or other defined contribution option, annuities offer retirees a guaranteed income stream, parceling out retirement distributions in set increments more akin to the defined benefit pension plans of old.

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