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.
Nationwide Launches Default Guaranteed Income Solution
The new feature from Nationwide will automatically default participants into an in-plan guaranteed income solution once they near retirement
401(k) Participant Interest in Annuities Surges, LIMRA Says
Over three-quarters of DC plan participants say they would be likely to invest in an in-plan annuity if offered by their employer
9 Key Findings from EBRI’s 2024 Retirement Confidence Survey
Annual study finds majority of workers and retirees remain optimistic about retirement prospects
BlackRock’s LifePath Paycheck Now Available in DC Plans
Guaranteed income within target date fund solution launches with 14 plan sponsors, plans totaling $27 billion in TDF assets, available to 500,000 participants
New Wave of Annuities in TDFs: ‘It’s Complicated’
Morningstar research explores trend that BlackRock’s Fink predicts to become the most-used investment strategy in DC plans
Empower Introduces Newest Suite of Retirement Income Partnerships
The firm's latest offerings include collaborations on guaranteed lifetime income products with Income America, Blueprint Income, and more
Unlocking the Door to Broader Adoption of Guaranteed Lifetime Income in 401(k)s: Matt Gray and Todd Levy
Guaranteed lifetime income remains a hot topic in the workplace retirement plan market and there are plenty of factors at play these days that are helping these solutions gain traction—and more widespread adoption—in 401(k) plans.
Morningstar Retirement, Nuveen Collaborate to Offer TIAA Secure Income Account
Deferred fixed annuity is designed to be used within a managed accounts program or custom target date model portfolio
Fidelity Rolls Out Immediate Income Annuity for Retirement Plan Participants
Company says new digital solution targets growing market demand for workplace annuity options
Despite Interest, U.S. Workers Remain Confused About Annuities
Athene looks at the current state of retirement readiness and annuity sentiment today in their latest report