Browsing Tag
401(k) Annuities
181 posts
A 401(k) annuity is a retirement income option where savings from a 401(k) plan are used to purchase an annuity, providing guaranteed payments for a set period or for life. This option converts part or all of your account balance into predictable income, helping protect against outliving your savings. Payments can be fixed or variable based on the annuity type. While annuities can offer stability and longevity protection, they may limit liquidity and can have fees. They’re typically chosen by retirees seeking steady income rather than managing investments themselves.
Job Seekers Swayed by Plans Offering Guaranteed Lifetime Income?
New TIAA survey shows a benefit like annuities within retirement plans can help employers stand out in a competitive job market
Retirement Expectations Don’t Align with Savings Behaviors for Many Over 40
Shocker: Many people over 40 have unrealistic retirement income expectations due to their own subpar savings behavior. According…
Allianz Life Annuity Added to Morningstar Retirement Manager
In another step forward into the defined contribution market, Allianz Life announced today that it has teamed up…
Allianz Life Enters Retirement Plan Market
There’s a new player in retirement town. Allianz Life is entering the competitive retirement plan marketplace with a…
Lacking Pensions, Gen X Turning to Annuities
Younger investors show growing interest in annuities to secure retirement income, highlighting demand for protection and stability.
Demand Growing for Guaranteed Income Solutions in 401ks: BlackRock
The SECURE Act cracked open the door to annuities being more widely available in retirement plans, and now,…
Why Guaranteed Income Matters Now: Broadridge Fi360 Conference
“Now more than ever it needs to be considered as part of a financial plan,” David Blanchett said…
Wanted: Tech-Fueled Next-Gen Retirement Income Solutions
New research out today shows that while most 401k plans offer tools and advice, meaningful in-plan retirement income…
Why It’s A New Day for Annuities in 401(k)s
The SECURE ACT was passed in December 2019, paving the way for substantial changes in the retirement industry.…
Why the Time is (Finally) Right for Lifetime Income in 401(k)s
There is a rising need, and demand, for lifetime income solutions in employer-sponsored retirement plans, according to a…