Secure Act’s New Rules Loosen Regulations Governing Income Products In Defined Contribution Plans
BY: BRAD KNOWLES , CBFA
Managing Director, Heritage Retirement Plan Advisors Brad Knowles More participants in company retirement plans may now be able to utilize guaranteed income instruments as part of their retirement plan thanks to passage of the Setting Every Community Up for Retirement Enhancement (SECURE) Act.
Defined contribution plans, such as 401(k) and 403(b) plans, have been the predominant way that most people accumulate wealth for retirement. Those plans, however, are not designed to turn that wealth into a predictable income stream during […]
Full Post at heritagetrust.com