SECURE Act Guaranteed Income Safe Harbor Provides Assurance to Plan Sponsors
Attorneys discussed the clarity it provides, due diligence required and the hurdle of getting participants to accept annuities.
Tag: Retirement Income
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...
403(b) Plans Get Lifetime Income, Help With Education Expenses Right
The PLANSPONSOR 2019 DC Survey suggests 403(b) plan sponsors, more so than DC plan sponsors overall, are stepping up to...
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Pacific Life Introduces Retirement Income Translator
The tool educates individuals about the projected monthly value of their retirement savings and the potential benefits of protected lifetime...
The Impact of SECURE Act Lifetime Income Projections
Seeing a paltry “retirement paycheck” estimate may shock a lot of participants into making greater contributions to their retirement accounts.
Details About SECURE Act’s PEP and Lifetime Income Provisions
Open MEPs are now PEPs, and additional guidance is needed about requirements for PEPs and other provisions of the SECURE...
Getting SECURE Act’s Lifetime Income Provisions Right
Industry sources agree pains must be taken to ensure mandatory lifetime income projections to participants are accurate and contextual education...
Don’t Leave Retiring Plan Participants Hanging
Many people are confused about how to invest in retirement, so they will need help before and after they do...
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Investment Product and Service Launches
Lincoln Financial Group and Capital Group combine TDFs and annuities; Federated Investors, Inc. to rename brand and ticker symbol; and...
Consider the More Conservative Investments Pre-Retirees Should Hold
With potentially lower future returns and low interest rates, plan sponsors should reexamine plan investments to help participants with retirement...
Few Retirees Receiving Income from the Three-Legged Stool
Only 6.8% receive income through Social Security, a defined benefit (DB) plan and a defined contribution (DC) plan, the NIRS...
Benefits |
Will There Be a New Focus on Social Security in 2020?
While awaiting action from the government to shore up Social Security, plan sponsors can do their part by educating employees.
Many Have Unrealistic Expectations for Drawing From Savings in Retirement
A Shroders survey shows it’s 10.1% on average. Plan sponsors can help form more realistic expectations.
Plan Sponsors Have Multiple Options for Creating Income Streams for Participants
Annuities should be considered, and the type to offer in a DC plan depends on several factors.
Updating TDFs to Provide Better Retirement Income
Three ideas for a qualified default investment alternative (QDIA) design that will better serve participants ready to retire.
Better Retirement Income Strategies Start With Deeper Insight
To build a more effective set of solutions for the spending down of retirement plan assets, plan sponsors must first...
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DIETRICH Talks Annuity Payout Features
With ADQ, the firm’s newest feature, plan sponsors can help employees manage financial risks throughout a lengthier retirement cycle.
The Future of Annuities for DC Plan Participants
There are differences between annuities the industry wants to offer DC plan participants and those that have traditionally been offered.
DC Plan Dominance Is Overstated, But Not For Long
Among today’s retirees, nearly nine in 10 (86%) fund their retirement primarily with Social Security and pension income.
DC Plans 3.0 Will Really be Tailored to Individual Situations
Bob Collie, head of research at the Thinking Ahead Institute, tells PLANSPONSOR version 3.0 will be customized by “hyper-customization and...