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02/11/10 2:49 PM

#92136 RE: n4807g #92116

A fact sheet released last week by President Barack Obama's Middle Class Task Force said the administration would promote “the availability of annuities and other forms of guaranteed lifetime income, which transform savings into guaranteed future income, reducing the risks that retirees will outlive their savings.”


I don't see the words "mandate", "mandated", or "mandatory" in there, do you?

I see "promote" and "availability", which to me suggest a more *optional* stance.