More participants in employer-sponsored retirement plans had access to in-plan income guarantees in 2014, and more of them chose such an option.
Those are the findings from the LIMRA Secure Retirement Institute, which calculated that those who had access to such guarantees amounted to 3 million participants last year, a 32 percent increase over 2013.
In addition, there was a 24 percent increase in the number of those who availed themselves of that option — 71,300 altogether.
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