Browsing Tag
Lifetime Income
108 posts
Lifetime Income refers to a financial strategy or product designed to provide clients with a steady stream of income for the rest of their lives. RIAs use this concept in retirement planning to ensure clients can cover essential expenses and maintain their lifestyle without the risk of outliving their assets. It often involves annuities, systematic withdrawals, or investment portfolios structured to generate sustainable income over a client’s lifetime.
Nestimate Expands TDF Platform to Nuveen Advisors
The tool aims to help advisors evaluate investment options with lifetime income solutions
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
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
TIAA, Nuveen Reach 1,000-Employer Milestone with Lifetime Income TDFs
Announcement comes as new Sway report shows adoption quickly accelerating
BofA Launches ‘401k Pay’ Digital Solution for Retirement Income
New resource available Nov. 17 focused on converting 401(k) account assets into retirement income
MetLife Annuities Added to Alight Worklife Platform Serving 12M DC Participants
Plan sponsors can now offer MetLife’s Guaranteed Income (MGI) fixed immediate annuity and Retirement Income Insurance (RII) QLAC
More Than a Third of Gen X Plans to Delay Retirement
New paper finds “forgotten generation” is least confident and least financially prepared; recommends policy fixes
AllianceBernstein Releases Lifetime Income Portfolio
The fixed annuity guarantee is issued by an insurance company subsidiary of Corebridge Financial
AllianceBernstein Adds Pacific Life to Lifetime Income Solutions Platform for Large DC Plans
Pacific Life now an insurer to both Lifetime Income Strategy and AB Secure Income Portfolio CIT
Nuveen Acquires Brooklyn Investment Group
Priority in deal for custom multi-asset direct indexing provider will be to speed integration of Nuveen’s alternatives and lifetime income capabilities into tax-advantaged offerings