A bill introduced in the House of Representatives would permit employers to offer a hybrid defined benefit plan and defined contribution plan with employees receiving a single statement.

The new type of investment vehicle, dubbed a "DB(k)," was introduced by Rep. Rob Andrews (D-N.J.) as part of The Retirement Enhancement Revenue Act of 2004 on Nov. 19. It won't go anywhere this year, acknowledges Stuart Brahs, vice president of government relations for Principal Financial Group of Des Moines, Iowa.

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