Browsing Tag
Lifetime Income
106 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.
DOL Lifetime Income Disclosure Regulation Explained
In 2019, the SECURE Act amended Section 105 of ERISA. That section requires participant benefit statements to be…
DOL Announces Estimated Income Rule for Retirement Plan Participants
Workers receive an ongoing lifetime income estimation from Social Security, and now they will from employer-sponsored plans as…
Lincoln Rolls Out ‘Next-Generation’ 401k Auto Feature: Auto Income
A new retirement plan solution from Lincoln Financial Group enables participants to turn 401k savings into a monthly…
Pandemic Panic Exacts Risk Tolerance Price
Not that it’s much of a surprise, give human behavior and the nature of panics, but one in four Americans now say they have a lower risk tolerance.
Coronavirus Killjoy: Rolling Stones Postpone Annuity-Sponsored Spring Tour
Little surprise, given government directives over large public gatherings, but legendary rockers the Rolling Stones announced that they…
Rolling Stones Reup With Lifetime Income Tour Sponsors
Annuities and aging rockers—an unlikely partnership that just seems to work. The Alliance for Lifetime Income announced that…
Does A ‘Secure’ Retirement Include Annuities?
Annuities in 401(k) plans may grow as the SECURE Act adds safe harbor and portability, easing sponsor risk and supporting lifetime income.
More Employers Adding Annuities to 401(k) Plans
Annuities are like olives, either you love ‘em or you hate ‘em. But amid growing concern over an…
High Anxiety: Americans Confronted by a Looming Retirement Income Shortfall
You might remember that the World Economic Forum recently estimated that 65-year-old Americans could outlive their retirement savings…
Deferred Annuities as 401(k) Plan Default?
A team of academics is proposing the inclusion of deferred lifetime income annuities (DIAs) as a default in employer-provided 401(k) plans.