The Retirement Plan Lifetime Income Strategies Assessment
The retirement landscape in the U.S. has changed significantly over the last decades with fewer retirees relying on pensions for retirement income. Since the passage of the SECURE Act, plan sponsors have started to consider lifetime income strategies more seriously to help meet their participants’ changing needs. In this report, we examine strategies used to generate lifetime guaranteed income in retirement plans and compare the projected performance against that of a portfolio-only strategy.
