|
week ending October 16th, 2020
|
|
Provisions in the Setting Every Community Up for Retirement Enhancement (SECURE) Act aim to relieve retirement plan sponsors’ concerns about including guaranteed income options, specifically annuities, in their defined contribution (DC) plan designs. Educating plan sponsors about annuity options and helping them know how to educate their participants is an important first step in increasing annuity offerings in plans. Plan sponsors need to understand their choices and responsibilities and understand what to consider before implementing guaranteed income solutions in their plans. This edition of PLANSPONSOR Weekend includes articles that will aid in this understanding. Have a great weekend and please be safe. |
|
|
|
Editor's Choice |
 |
|
Opinions
|
Retirement Income: Spotlight on Annuities
|
Peg Knox, with the Defined Contribution Institutional Investment Association (DCIIA), discusses what plan sponsors should consider before implementing an income solution.
|
|
|
|
Investing
|
Painful Market Losses Help Paint Annuities in Positive Light
|
This significant bout of negative market volatility, coming as it does on the heels of the passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, presents an important learning opportunity about the role of annuities.
|
|
Administration
|
The Future for Annuities in DC Plans
|
The SECURE Act offered an annuity selection safe harbor for plan sponsors, but education will be the first step in getting this income protection to plan participants.
|
|
 |
Popular Reads |
 |
|
|
|
|
|
|
Did someone forward you this newsletter? Sign up here to get PLANSPONSOR Weekend directly in your mailbox!
|
|
|