Four Questions to Narrow the Field of Retirement Income Solutions
The ranks of retirement income solutions are already impressive and continue to grow as participants’ needs evolve and providers innovate. It may seem like a tall task for defined contribution (DC) plan sponsors to home in on the solutions that warrant a closer look—even as the growing demand for lifetime income adds urgency to the effort. We think working through four critical questions, which address aspects such as the location, income certainty and accessibility of solutions, can help bring the...
