X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

When employers design retirement plans nowadays, they might want to keep in mind that employees sometimes have different goals for their accounts that may not include a lifetime income stream at retirement.

A study by the National Association of Government Defined Contribution Administrators Inc. points out that many plan participants might have other retirement accounts in place and view their employer-sponsored plan as something they can use to enhance their lifestyle in retirement or pass on to their heirs after they pass away. Others, meanwhile, have balances too small to use as a meaningful long-term income source so would view their accounts as a special resource for an emergency or major  purchase.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.