As baby boomers head into retirement, a growing number of workers wish their employers offered voluntary benefits that would help them in retirement.

According to the 2013 Health and Voluntary Workplace Benefits Survey, conducted by the Employee Benefit Research Institute and Greenwald & Associates, 83 percent of those surveyed said they would like it if their employer offered an annuity product that makes guaranteed monthly lifetime payments.

Another 77 percent would like access to life insurance that pays benefits to the surviving spouse, and 76 percent said they would love access to retirement planning that includes helping them to decide when to retire, when to claim Social Security benefits, what Medicare option to choose and how to set up a stream of income for retirement.

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

  • Critical BenefitsPRO 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
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.