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Extreme Makeover: 401(k) Edition


By Lee Barney

February 8, 2010

Investors are about to test drive 401(k) plans with a 21st Century whole new look and feel.

The Department of Labor is promising streamlined rules for 401(k) advice that plan sponsors may actually use (see "Week in Review," page 4). The government is looking into the possibility of offering annuities or other lifetime income options in defined contribution plans.

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