Plan Sponsors Embrace Providing LifePath Paycheck™ Solution to Their Participants
NEW YORK, October 06, 2021 –( BUSINESS WIRE )–BlackRock today announced significant progress toward helping more U.S. workers improve their financial security and access guaranteed lifetime income through workplace retirement plans. Five large plan sponsors whose plans together represent over $7.5 billion in target date investments, including Tennessee Valley Authority Retirement System (TVARS), have elected to work with BlackRock to implement its LifePath Paycheck TM solution as the default investment option in their employees’ retirement plans, subject to plan-specific timing and other implementation considerations. With initial plan adoptions […]
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