The Treasury Department plans to release soon guidance for employers on how best to integrate lifetime income products into 401(k)s and other employer-sponsored retirement plans, while the Department of Labor plans to follow with similar guidance early next year.

Treasury and DOL issued a request for information (RFI) last year that included 39 questions for those in the retirement planning space about the products they offer, impediments to offering them, and whether or not participants use such products when they are offered.

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