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New Bill Lets Older Workers Buy Annuities With 401(k) Funds. But Should They Take The Risk?
Investopedia· 2026-03-01 13:00
Core Point - A proposed bill aims to enable workers aged 50 and older to roll over their 401(k) funds into annuities, while also simplifying the rollover information for employees leaving their jobs [1] Group 1 - The bill targets workers aged 50 and above, allowing them to transfer their 401(k) funds into annuities [1] - It seeks to streamline the information provided to workers regarding 401(k) rollovers when they depart from their jobs [1]