Has this been discussed? I know longevity insurance has been a topic on here, but I saw this article this morning on new tax rules for longevity insurance offerings within retirement plans.
From the article:
New tax rules will make it possible for workers to buy a type of annuity often called longevity insurance inside their retirement plans. The annuity aims to protect people from exhausting their savings in their later years.
http://finance.yahoo.com/news/longevity-insurance-joins-menu-retirement-124539390.html
I work for a fortune 50 company - I wonder if megacorp retirement plans will open up this option...
From the article:
New tax rules will make it possible for workers to buy a type of annuity often called longevity insurance inside their retirement plans. The annuity aims to protect people from exhausting their savings in their later years.
http://finance.yahoo.com/news/longevity-insurance-joins-menu-retirement-124539390.html
I work for a fortune 50 company - I wonder if megacorp retirement plans will open up this option...