Browsing Tag
401(k) Guaranteed Lifetime Income
136 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.
Most Advisors Talking Retirement Income with Participants: BlackRock
2024 Read on Retirement survey finds 81% are discussing strategies with clients
Investors Proactively Managing Retirement Savings
More are also taking interest in lifetime income options, notes Nationwide's new Protected Retirement survey
Vestwell and TIAA Introduce Lifetime Income Offering
The solution will be available to all Vestwell partners and supported by TIAA and Vestwell
Retirement Income Solution Debuts at J.P. Morgan Asset Management
SmartRetirement Lifetime Income allows participants to use familiar target date funds and transition to a personalized retirement income strategy supported by multiple insurers
Lincoln Financial Grows Guaranteed Lifetime Income Products
The new option will be available in managed accounts and DC retirement plans
ARS Names CEO
New CEO Dave Paulsen will drive growth in the firm's Lifetime Income Builder series
How Annuitizing Income Gives Retirees a ‘License to Spend’ (Twice as Much!)
New research from David Blanchett and Michael Finke shows annuitizing retirement income helps retirees overcome unfounded reluctance to spend down savings
Hybrid Annuity TDFs Ideal for Specific Investors
Vanguard makes the case for hybrid annuity TDFs in new research
Financial Advisors May Boost Annuity Interest
Findings from Nationwide show that participants look to their advisors for guidance on annuity products
Plan Sponsors Focusing on Retirement Income Solutions
A PIMCO survey finds growing number of plan sponsors are prioritizing solutions that can generate income in retirement