The case, which has wound its way through the court system since it was filed in 2006, claims retirees and employees who participate in the plan were harmed because of high fees and bad investments management.
Such rollovers from 401(k), 403(b) or 457(b) accounts were expanded this year to be open to any vested funds in a retirement plan that allowed them, but companies were awaiting clarification of the rules.
Fully 68 percent of those who dont own annuities said they have a positive or neutral feeling about annuities and 91 percent of annuity owners answered the same way.
From deciding when to start drawing Social Security benefits to making sure all your retirement accounts are tagged with the right beneficiaries and communicating with your spouse about the future, its easy to feel overwhelmed.
The restraining order came two days before a deadline for the 14 million seniors enrolled in Medicare Advantage policies to choose a doctor for the coming year.