Making lifetime income the new retirement plan focus
Is it really a retirement plan without lifetime income?
Retirement Leadership
Advocating policy changes and offering innovative retirement planning solutions
Closing the guarantee gap
Just 5% of 401(k) plans offer participants access to a lifetime income option. This guarantee gap is why so many retirees are afraid of running out of money.
Changing the legal landscape
Modest changes to laws and regulations governing pensions and annuities could help promote and incentivize lifetime income solutions within 401(k) plans.
Lifetime Income Solutions
Retirees need income that never retires
Our lifetime income solution can help protect lifelong savings balances against major risks—it’s like adding a pension-style payout to a 401(k) plan to deliver income retirees can never outlive.1
Mitigating major risks in retirement
Effective lifetime income solutions can help to reduce the major risks faced by retirees, including longevity, inflation, interest rate, stock market and sequence of returns risk.
Enhancing your QDIA with lifetime income
Securing retirement income to last for life and help mitigate major investor risks can enhance your QDIA and help your employees retire on their terms.
Retirement Trends
Our latest Plan Sponsor Retirement Survey research highlights concerns about employees’ retirement savings and income potential.
Does your plan design meet your employees’ lifetime income needs?
Check out the latest infographic.
Enhancing your Target Date Strategy
Solving the retirement income problem with customized target date strategies
Employers are concerned about employee retirement readiness. Employees are looking for guaranteed retirement income. 401(k) plans are poised to offer custom solutions that can address both issues.
Guaranteed growth. Income for life. A stronger QDIA.
The “one size fits all” model of target date funds is often more like “one size fits no one.” Custom target date strategies with the option to receive lifetime income can help create better retirement outcomes.
401(k) plans expand their role
401(k) plans are evolving into a partnership between workers, employers and plan providers to ensure participants have options for securing lifetime income.
1 Guarantees are based upon the claims-paying ability of the issuing company.
431900