Tag: 401(k) plans|Annuities|De-risking|Future retirement security|Lump sum|Traditional (defined benefit) pensions
Analysis: U.S. companies take aim at pension risk with lump-sum offers
But by far the most common trend in corporate America is to offer lump-sum payouts to thousands of retirees now – these voluntary buyouts could cost companies millions of dollars upfront, but they eliminate the risk of obligations soaring out of control in the future.