Image of $100 bills with the "Predictable Paychecks" logo. New-retirement-product-offers-security,-predictable-paycheck. Life insurance and financial services company Equitable has announced LifePath Paycheck, a product created in a joint partnership with investment firm BlackRock. With the goal of providing additional security for retiring Americans, LifePath Paycheck offers “guaranteed income” via a targeted date fund.
When a participant enters retirement, they will receive a guaranteed amount of funds in a paycheck-like manner that is meant to provide a stable source of income. Automatically adjusted for a targeted retirement year, LifePath Paycheck is an alternative retirement plan meant to be more stable than a […]
Full Post at insurancenewsnet.com