Postponement of social security remains important despite unclear future

Postponement of social security remains important despite unclear future

Plan sponsors are showing more interest in how employees compose their retirement income, including Social Security benefits.

“We’re seeing plan sponsors becoming more and more interested not only in the accumulation phase of saving for retirement — so that steady savings before you retire — but also in the deleveraging phase,” said Ms. Hunter Peterson.

For example, “how can their employees or former employees actually put together an income after retirement? What is the role of Social Security in that formula? And how can private guaranteed income options also factor into that equation?” she said.For plan sponsors who want to help […]

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