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U.S. Treasury

Retiree Annuities May Be Promoted by Obama Aides

The government is looking at ways to promote the conversion of 401(k)s and IRAs into steady payment streams after a significant decline in plan balances
Original publication date: 
Friday, January 8, 2010 (All day)

The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams following a collapse in retiree accounts when the stock market plunged.

Fed & Treasury Pitch Pay Rules, But Will They Work?

Original publication date: 
Thursday, October 22, 2009 (All day)

Call it pay day in Washington: The Federal Reserve and Treasury made a splash by unveiling sweeping compensation rules, mostly for executives at banks and other financial companies.

Companies Tap Pension Plans To Fund Executive Benefits

Little-Known Move Uses Tax Break Meant for Rank and File
Original publication date: 
Monday, August 4, 2008 (All day)

At a time when scores of companies are freezing pensions for their workers, some are quietly converting their pension plans into resources to finance their executives' retirement benefits and pay.

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