Image of a young woman sitting atop an hour-glass surrounded by financial symbols and graphs and charts. In-plan-annuities-are-gaining-steam-Where-do-we-go-from-here. Annuities are becoming more available in the defined contribution space in association with 401(k) plans. What is the future of in-plan annuities, and have they reached a tipping point? Bryan Hodgens, head of distribution research and annuity research with LIMRA, provided some insights on where in-plan annuities are going during a recent LIMRA online event.
With the passage of the SECURE Act in 2020, in-plan annuities have been gaining steam, with many innovative products entering the market.
“The idea of a guaranteed income […]
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