Superb Endorsement of the Fixed Annuity for Income Guarantees

From Nobel Prize recipient Robert C. Merton “401(k)s face ‘crisis,’ says Nobelist Merton”  By Anne Tergesen Since the dark days of 2008, employers have taken some steps to fix the 401(k), the backbone of the nation’s private retirement-savings system. But Nobel laureate Robert C. Merton says that in the rush to upgrade these plans, plan […]