Tag: Retirement Income

Products | June 14th, 2010

ICMA-RC to Offer New Retirement Income Product

June 14, 2010 (PLANSPONSOR.com) - ICMA-RC has announced a new retirement income solution for state and local government employees.

Benefits | June 11th, 2010

Demographics a Factor in Retirement Income Sources

June 11, 2010 (PLANSPONSOR.com) - Gender, marital status, age, education, and other demographic variables have a significant impact on the...

Products | June 4th, 2010

SunTrust Adds Guaranteed Income Option to 401(k) Offering

June 4, 2010 (PLANSPONSOR.com) –SunTrust Banks has added a guaranteed lifetime income investment option, ClearCourse, to its institutional 401(k) investment...

Benefits | June 3rd, 2010

Annuity Buyers Flocking to Lifetime Income Guarantee

June 3, 2010 (PLANSPONSOR.com) – An insurance trade group reported Thursday that more than 81% of variable annuity purchasers opted...

Reader Responses | May 27th, 2010

SURVEY SAYS: Should There be a DC Distribution Default?

May 27, 2010 (PLANSPONSOR.com) - While there is a growing interest in crafting/implementing/deploying a workable lifetime income solution, most of...

Opinions | May 26th, 2010

IMHO: Decision Decisions

May 26, 2010 (PLANSPONSOR.com) - As a parent, you spend a lot of time telling your kids what to do,...

Administration | May 24th, 2010

Poll Finds Simplified Annuity Activity on the Horizon

May 24, 2010 (PLANSPONSOR.com) – Nearly two-thirds of insurers and others in a recent survey indicated that they either offer...

Opinions | May 19th, 2010

IMHO: Live Long and Prosper?

May 19, 2010 (PLANSPONSOR.com) - I’ve been a huge Star Trek fan for most of my life.

Benefits | May 17th, 2010

Annuities Get a Behavioral Finance Makeover

May 17, 2010 (PLANSPONSOR.com) – An appreciation for the influences of behavioral finance has had a critical...

Benefits | May 17th, 2010

Group Pushes for Senior Citizen Inflation Measure

May 17, 2010 (PLANSPONSOR.com) – A Washington, D.C. senior-citizen advocacy group on Monday applauded a new piece of Congressional legislation...

Compliance | May 14th, 2010

GA Retirees Get Relief from Tax on Retirement Income

May 14, 2010 (PLANSPONSOR.com) – Georgia Governor Sonny Perdue has signed a bill that eliminates taxes on retirement income for...

Benefits | May 4th, 2010

Current Retirement Income Options Have Drawbacks: GAO

May 4, 2010 (PLANSPONSOR.com) – Following the deadline for responses to the Department of Labor and Treasury Department’s Request for...

Benefits | May 4th, 2010

SPARK Institute Argues Against Lifetime Income Requirements

May 4, 2010 (PLANSPONSOR.com) – As responses to a request for public comment on use of lifetime income solutions in...

Benefits | May 4th, 2010

Nationwide Offers Proposal for Guaranteed Income in Retirement Plans

May 4, 2010 (PLANSPONSOR.com) - Nationwide Financial Services, Inc. has introduced 401KIncome, a public policy solution that it says “provides...

Benefits | May 3rd, 2010

ING Encourages Use of Guaranteed Income Options in Retirement Plans

May 3, 2010 (PLANSPONSOR.com) - ING said it broadly supports investing in guaranteed lifetime income options within a retirement plan...

Benefits | May 3rd, 2010

ERIC: No Annuity Mandate Needed

May 3, 2010 (PLANSPONSOR.com) – The ERISA Industry Committee (ERIC) has argued in a letter to the U.S. Department of...

Benefits | May 3rd, 2010

15.7 Times Final Pay Needed for Retirement Readiness

May 3, 2010 (PLANSPONSOR.com) – The average U.S. employee will need 15.7 times their final pay in retirement resources to...

Benefits | May 3rd, 2010

TIAA-CREF Supports Guaranteed Income Options in Retirement Plans

May 3, 2010 (PLANSPONSOR.com) - In response to the Request for Information Regarding Lifetime Income Options for Participants in Retirement...

Opinions | April 19th, 2010

IMHO: “Out” Spoken

As I noted last week, about two months ago, the Department of Labor asked the public for some insights...

Opinions | April 12th, 2010

IMHO: “Safety” First

April 12, 2010 (PLANSPONSOR.com) - Back in February, the Department of Labor and the U.S. Treasury turned to...