Lincoln Rolls Out ‘Next-Generation’ 401k Auto Feature: Auto Income

Lincoln Rolls Out ‘Next-Generation’ 401k Auto Feature: Auto Income

With the help of the SECURE Act, Lincoln Financial Group has added a guaranteed income option within 401k plans. A new retirement plan solution from Lincoln Financial Group enables participants to turn 401k savings into a monthly check for life.

Lincoln announced July 15 the launch of Lincoln PathBuilder , an in-plan guaranteed income option, intended to help ensure Americans won’t outlive their savings by expanding the opportunities for lifetime income in employer-sponsored retirement plans.

The SECURE Act made it easier for plan sponsors to provide a plan design that can generate guaranteed income for their participants in retirement through the […]

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