Benefits Law Specialist Calls for All 401(k) Plans to Add Annuities
November 26, 2025 by Allison Bell
A benefits law specialist who once served on the Internal Revenue Service employee benefits legal team is making the case for building annuities into all 401(k) plans.
Andrew Stumpff Morrison — who is a former Davis Polk partner and a former University of Michigan law school lecturer — has proposed in a new working paper that the Internal Revenue Code should be amended to require that 3% of the annual plan contributions made on behalf of a participant should be used by the year’s end to buy a vested, standard deferred annuity for the participant.
Originally Posted at Think Advisor on November 24, 2025 by Allison Bell.
Categories: Industry Articles
