Social Security Bridge options may be the best new idea for new retirees – since the last Social Security increase! It can immediately make retirement readiness more of a possibility. Guaranteed income products, such as annuities, in retirement plans are getting a lot of attention lately. The passing of the Setting Every Community Up for Retirement Enhancement (SECURE) Act in late 2019 made it easier for employers to offer guaranteed income options in workplace retirement plans. SECURE 2.0, currently under consideration on Capitol Hill, introduces additional provisions that would make guaranteed income potentially more enticing for participants.
However, a new […]