Browsing Tag
401(k) Guaranteed Lifetime Income
140 posts
A 401(k) Guaranteed Lifetime Income option is a retirement plan feature that allows participants to convert part of their 401(k) savings into steady, predictable payments for life. Similar to an annuity, it provides income that continues regardless of how long you live, helping reduce the risk of outliving your savings. This option offers financial security in retirement by combining the flexibility of a 401(k) with the stability of guaranteed income.
IRIC, SPARK Institute Launch Retirement Income Evaluation Tool
Resource created to help advisors, plan sponsors, consultants and fiduciaries make informed comparisons
Study Finds Lifetime Income is ‘Missing Link’ to Global Retirement Security
New Prudential/Global Aging Institute research finds countries could deliver the same retirement security at a 20% lower cost when benefits are paid as lifetime income rather than lump sums
Lifetime Income Boosts 401(k) Spending Power by 22%, BlackRock Finds
Embedding guaranteed income in target-date funds—not higher savings—can significantly increase retirement spending, research finds
TIAA Data Shows Momentum for Lifetime Income Solutions Among Plan Sponsors
A new analysis of defined contribution plans show annuity-embedded defaults are increasingly being embraced, with younger workers showing surges in participation rates
IRI Urges Congress to Mandate Lifetime Income Option in DC Plans
Insured Retirement Institute’s 2026 Retirement Security Blueprint includes 33 proposals
TIAA, Nuveen Reach 1,000-Employer Milestone with Lifetime Income TDFs
Announcement comes as new Sway report shows adoption quickly accelerating
Plan Sponsors, Participants May Target Income Solutions in 2026
Experts from Athene, Apollo, and Vitera argue the case for lifetime income products in new report
HELP Subcommittee Explores Annuity Usage in DC plans
The HELP Subcommitee held a hearing examining the impacts of lifetime income options in plans and if Congress should enact laws that would support the features
TIAA Pushes 6% Default Contribution Rate in New Retirement Security ‘Policy Roadmap’
While SECURE 2.0 allows for 3% to 10% default rates, new framework encourages plan sponsors and policymakers to make 6% the starting point
Vanguard, TIAA Team Up to Launch Target-Date CIT with Built-In Annuity
Two trusted names delivering an in-plan retirement income solution providing a guaranteed income stream for life