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Guaranteed income is a top priority for many non-profit organizations with 403(b) retirement plans as they head into 2022, with interest more than doubling since last year.

“Though increasing plan participation and ensuring plan compliance are always top of mind for plan sponsors, we are seeing a shift in other plan priorities as organizations increasingly look to provide tools and support that will increase the long-term financial security of employees,” said Hattie Greenan, director of research and communications for the Plan Sponsor Council of America.

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