BlackRock institutes new retirement funding program

BlackRock institutes new retirement funding program

Florida is known as a state where many Americans scurry to settle down and retire, and a new retirement program by the BlackRock investment and risk management company will pique the interest of many of those retirees.

BlackRock officials announced a new program called LifePath Paycheck . Right now, it’s only offered through employers to their workers. BlackRock officials said they have 14 companies planning to use the LifePath Paycheck program. They hope to expand the offering to individuals soon.

The investment strategy automatically adjusts to a targeted retirement year. BlackRock leaders say the program is a new approach to […]

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