Assessing Available Retirement Income Options
An overview of the insured and investment solutions that are available and how advisers should evaluate them.
Tag: Retirement Income
An Eye-Opening Millennial Q&A
Kevin Boyles at Millennium Trust says companies have been responding to the pandemic with exceptional agility—driven in no small part...
Workers Need Help on Retirement Income
They expect 44% of their retirement income will come from their 401(k), according to Charles Schwab, and half said they would benefit from financial advice.
PANC 2020: What’s Next for In-Plan Retirement Income?
The SECURE Act will inevitably lead to more sponsors inquiring about in-plan income options, and advisers need to be ready.
Alliance for Lifetime Income Creates Income Presentation
The offering is designed for financial professionals to deliver to clients and prospects.
Advising Early Retirees on Money Management
Retiring early can be stressful for workers, but with help from advisers, it doesn’t have to be.
Trump’s Payroll Tax Deferral Raises Concerns on Social Security
The Treasury Department has yet to deliver formal guidance on the deferment.
Working Generations Are Uncertain about Social Security
However, Millennials and Gen Xers are open to working with financial advisers to learn more and maximize benefits.
Retirement Plans Start to Think About How to Produce Retirement Income
Vanguard says that meeting these income needs, along with encouraging strong savings rates and diversification, are the primary drivers in creating successful retirement outcomes.
DIETRICH’s ANNUA and KTRADE Partner to Offer DC Plan Lifetime Income Solution
ANNUA Direct Quote is a tool for retirement plan sponsors, participants and advisers to obtain current market pricing for guaranteed lifetime income at retirement.
Investment Product and Service Launches
Wells Fargo launches Retirement Income Solution, and Morningstar to acquire Sustainalytics.
The Obligation to Save Social Security
With the recent passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, advisers and other retirement plan...
Attorneys Say Guaranteed Income Safe Harbor Clearer Than Previous Guidance
Advisers will play an important role in helping plan sponsors perform their due diligence and helping participants accept annuities.
Investment-Oriented
Make It Last
Participants must choose income products that meet their individual needs.
New Tool Translates Retirement Savings to Projected Monthly Value
Pacific Life's Retirement Income Translator also creates a two-minute personalized video that aims to illustrate the potential benefits of protected lifetime retirement income through an annuity.
More Guidance to Come About SECURE Act Provisions
Bradford P. Campbell, with Drinker Biddle, recently discussed specific requirements for open MEPs, now called pooled employer plans (PEPs), included in the SECURE Act.
Investment Product and Service Launches
Lincoln Financial Group and Capital Group combine TDFs and annuities; Federated Investors, Inc. to rename brand and ticker symbol; and...
The Positive Impact of Claiming Social Security Later
The Center for Retirement Research says the reduction for claiming early is currently too large while the increase for claiming late is about right.
Ideas for a QDIA Design That Will Better Serve Participants Ready to Retire
Jason Shapiro notes that some DC plan participants may stay in their plan after retirement and rely on TDFs’ asset allocation for retirement income for possibly 30 years...