Wednesday, February 21st, 2024
A topical newsletter from PLANSPONSOR
Income in Retirement
Information for plan sponsors about income in retirement.
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Products
TIAA In-Plan Retirement Income Option Reaches $30B
Assets in RetirePlus jump to $30 billion from $10 billion in 24 months as demand grows for guaranteed lifetime income.
Data and Research
More Than Half of Plan Sponsors View In-Plan Retirement Income as ‘Too Complex,’ Survey Finds
Plan sponsors expressed concerns about administrative complexity,
cost
and
lack of quality choices when it comes to offering in-plan retirement income solutions, a Gre
enwald Research study found.
Compliance
SECURE 2.0 Will Help Young Savers the Most, Research Shows
Automatic features and the saver’s match will bring more security to those currently in their 30s than those in their 50s, EBRI research finds.
Compliance
Congressional Hearing Highlights Arguments for, Against Retirement Security Proposal
The House of Representatives hosted a second hearing on the retirement security proposal, during which witnesses disagreed on the adequacy of existing rules and the proposal’s potential to restrict access to financial products.
Feature
A Focus on Guaranteed Income
Plan sponsors have several options for providing workers with access to annuities.
Ask the Experts
What Is a Fully Paid Individual Insurance Annuity Contract?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
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