Employers who are considering adding distribution options to defined contribution retirement plans should consider a number of factors, according to a new issue brief.
The brief from the Institutional Retirement Income Council, “The Evolving DC Plan — from Accumulation to De-accumulation,” said that employer goals of “effectively managing their human resources, by motivating high performance and enabling orderly, ‘on time’ retirement” can be advanced by the use of de-accumulation strategies.
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