Retirement plan folder on top of financial planning documents Source: Shutterstock.

Typical U.S. workers hate the idea of the government making them convert a portion of their 401( k) plan cash into a lifetime stream of income when they retire, according to analysts at the Investment Company Institute.

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Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.