A closer look. Will rollercoaster market rides and gut-wrenching drops bring sources of guaranteed income ( meaning annuities ) into focus in 401k plans?
Yes, apparently.
“Recent market volatility, combined with the passage of the SECURE Act , has put an increased focus on retirement planning, particularly guaranteed income products, which will now become more widely available as an option for those with employer-sponsored plans,” Allianz Life Insurance Company of North America reports.Research from Allianz Life indicates that plan participants have taken note and are interested in learning more about guaranteed income in retirement.Findings from the study indicate that 77% of […]
Full Post at 401kspecialistmag.com