Congress Eyes Annuities as Way to Bolster Retirement Security

Annuities, which have been getting a lot of attention from lawmakers and federal agencies hoping to strengthen Americans' retirement plans, were the subject of a congressional hearing analyzing their place in the employer-based retirement system. At that hearing of the Senate's Special Committee on Aging, federal agencies who have been seeking input on guaranteed income said the response has been vigorous and they would soon host a public hearing on this topic.