| | Benefits & Administration | | Study Proposes a “Simple” Strategy for Retirement Income | | A new retirement study by the Stanford Center on Longevity, conducted in conjunction with the Society of Actuaries, “Optimizing Retirement Income by Integrating Retirement Plans, IRAs, and Home Equity,” presents a framework of analyses and methods that plan sponsors, financial advisers, and retirees can use to compare and assess strategies for developing lifetime retirement income. A strategy that enables delaying Social Security until age 70 and uses the Internal Revenue Service (IRS) required minimum distribution (RMD) to calculate income from savings produces a reasonable tradeoff among various retirement income goals for middle-income retirees, the researchers note. “We’re not suggesting things that take a lot of expense—the strategy uses existing tools plan sponsors have as well as existing capabilities of providers,” Steve Vernon, a research scholar at the Stanford Center on Longevity, tells PLANSPONSOR.Read more > | | | PLANSPONSOR Research | | 2017 DC Survey: Plan Benchmarking | | By using the 2017 PLANSPONSOR DC Survey, retirement plan sponsors can compare different metrics of their plan to the averages in their industries.Read more > | | | Products, Deals and People | | Investment Products and Services Launches | | American Century releases first exchange-traded funds (ETFs), and Putnam reveals two environmental, social and governance (ESG) fund offerings.Read more > |
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