Browsing Tag
401(k) Guaranteed Lifetime Income
133 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.
Fidelity Launches Product to Help Near Retirees Convert 401(k), 403(b) Funds into Guaranteed Income
New digital solution provides workers with flexibility to choose amount of pension-like retirement payments
Better Together: Fi360’s John Faustino Addresses Lifetime Income’s Need, Criticism and New Consortium
Guaranteed income in retirement plans is a big issue—big because it’s important, complex, and getting a lot of…
How to Add In-Plan Guaranteed Income: Wealth@wor(k) 2021
Opening keynote at Wealth@work in Nashville delves into different types of annuities available post-SECURE Act, and how to sort through them to come up with the best fit for a specific 401k plan
Plan Sponsors Want Guaranteed Lifetime Income Options: Allianz Data
Annuity provider’s research shows strong plan sponsor interest mirrors participant desire for in-plan guaranteed income options in post-SECURE Act environment
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
The Strong Case for Lifetime Income in Retirement Plans: 2021 NAPA 401k Summit
'You insure your car, house, and now you insure against outliving your assets'
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,…
401(k) Plan Sponsors Seek Guaranteed Income Options
The SECURE Act could impact retirement plan participants' access to guaranteed lifetime income options, according to a study by TIAA.