Image credit: © Poramate Cheewapat | Dreamstime.com Professional advice is essential for 401(k) participants seeking to adopt a retirement income solution that is tailored to their unique personal and financial situations, according to a new paper published this week by Denver-based recordkeeper Empower.
A confluence of factors has historically made the adoption of a retirement income plan difficult for American workers. Complex products and employer fiduciary concerns have been barriers to greater adoption, argues Empower in the paper, “Retirement income: A modern approach driven by advice.”
The Empower paper says the landscape may now be at a tipping point, and the […]
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