PFRDA Eases Annuity Rules for Retirees in a Crunch

The PFRDA just hit the refresh button on annuity rules for retirees, letting them cash out if they're in a medical pickle or have an old contract with an escape clause. But don't think this is a free-for-all; they're still going to put you through the paces before handing over your cash. It's like trying to get a refund on a tech gadget — expect some serious hoops to jump through.