MetLife's Comment Letter in Response to the U.S. Department of Labor's in Response to its Advanced Notice of Proposed Rulemaking (ANPRM) on Lifetime Income Disclosures
Dear Sir or Madam:
MetLife is pleased to submit comments on the Department of Labor’s Advance Notice of Proposed Rulemaking (ANPRM) for Lifetime Income Disclosure for Defined Contribution Plans. MetLife commends the Department for the thoughtful approach it has taken in the ANPRM, and for the way in which it has considered the many comments it received in the 2010 responses to the Request for Information (RFI) Regarding Lifetime Income Options issued by the Departments of Labor and Treasury and the Internal Revenue Service (the “Agencies”). We support the general approach the Department has outlined in the ANPRM, and appreciate the opportunity to provide feedback on the regulations it intends to propose.
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