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Will 2019 be a breakthrough year for income products in 401(k) plans?
The table could be setting up for retirement income solutions as about $1 billion is migrating out of defined contribution accounts daily, following retiring baby boomers, according to the Institutional Retirement Income Council.
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Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
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