Posts Tagged ‘services’

John Brennan Favors 401(k)s, IRAs Over U.S. Annuities: Video

Jan. 8 (Bloomberg) — John Brennan, chairman emeritus and senior adviser at Vanguard Group Inc., talks with Bloomberg’s Margaret Brennan about the benefits of 401(k) and Individual Retirement Accounts (IRA) over a potential US government annuities plan. The US Treasury and Labor Departments will ask for public comment as soon as next week on ways to promote the conversion of 401(k) savings and IRAs into annuities or other steady payment streams. Brennan also discusses the likelihood of …

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