{"id":3442,"date":"2026-10-17T10:00:00","date_gmt":"2026-10-17T10:00:00","guid":{"rendered":"https:\/\/www.neashaminsuranceagency.com\/blog\/?p=3442"},"modified":"2026-10-17T10:00:00","modified_gmt":"2026-10-17T10:00:00","slug":"401k-bill-could-create-lifetime-income","status":"publish","type":"post","link":"https:\/\/www.neashaminsuranceagency.com\/blog\/2026\/10\/17\/401k-bill-could-create-lifetime-income\/","title":{"rendered":"401(K) Bill Could Create Lifetime Income"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/glenn-neasham\/bill-401k-income-remotion-videos-dce4\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>There\u2019s been an interesting development around 401(k) plans and annuities that\u2019s worth keeping an eye on. Lawmakers proposed allowing workers aged 50 and older to direct a portion of their 401(k) into an annuity, while still employed and receiving employer contributions. This was a targeted change: it wouldn\u2019t have allowed broad early withdrawals, but would have created a specific path for those considering guaranteed income options as part of their retirement plan. The proposal also aimed to make rollover notices clearer, after audits revealed many folks misunderstood their options. While many see the appeal of securing lifetime income, it\u2019s crucial to weigh the tradeoffs\u2014fees, reduced liquidity, the financial health of insurers, and how inheritance is handled all come into play. For now, nothing changes until Congress acts and employers add this feature to their plans, so it\u2019s a good time to review your savings strategy and stay informed about what might be coming. After more than 30 years helping clients navigate annuities and retirement income planning, I know how important it is to fully understand these shifts before making any decisions.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s been an interesting development around 401(k) plans and annuities that\u2019s worth keeping an eye on. Lawmakers proposed allowing workers aged 50 and older to direct a portion of their 401(k) into an annuity, while still employed and receiving employer contributions. This was a targeted change: it wouldn\u2019t have allowed broad early withdrawals, but would [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":3443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts\/3442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/comments?post=3442"}],"version-history":[{"count":1,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts\/3442\/revisions"}],"predecessor-version":[{"id":3516,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/posts\/3442\/revisions\/3516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/media\/3443"}],"wp:attachment":[{"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/media?parent=3442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/categories?post=3442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.neashaminsuranceagency.com\/blog\/wp-json\/wp\/v2\/tags?post=3442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}