The SECURE Act makes it more likely that employer-sponsored plans will add insurance products, and advisers will have ample opportunities to help clients
The SECURE Act provided a gateway to get annuities into 401(k)s, and many plans could begin to incorporate those insurance products as soon as this year.
Retirement plan advisers and plan sponsors are already considering which products are available, and there could soon be a trickle of more plan-specific annuities in the market, according to plan record keepers.The new, wide-ranging legislation will lead to substantial changes in the private sector retirement savings system, including several provisions that […]
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