Employer-Sponsored Plan Participant Interest in Guaranteed Retirement Income Options Remains High

Employer-Sponsored Plan Participant Interest in Guaranteed Retirement Income Options Remains High

New study findings from Allianz Life indicate SECURE Act driving strong interest in lifetime income options in retirement, particularly among nervous Gen Xers

Key findings snapshot: 71% of employer-sponsored participants would like an option that offers guaranteed income for life in their plan

75% of Gen Xers expressed interest in protection options as part of their employer-sponsored plan 55% of participants are worried that money in their employer-sponsored plan will run out during retirement, with 69% of Gen Xers expressing the same concern Americans with employer-sponsored retirement plans continue to express high levels of interest in guaranteed lifetime […]

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