Guaranteed retirement income: Now advisors can come up with an "in-plan" plan

In-plan retirement income solutions are now on the priority list with at least eight new products, such as target payout funds and in-plan annuities, having been launched by major asset managers and insurers since 2020.

By Kristen Beckman | October 24, 2022 at 11:02 AM

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Interest in retirement income product development that would provide a guaranteed, steady income stream in retirement has recently resurfaced as a priority among asset managers and insurers. It's been driven in part by legislation and in part by a growing desire among plan sponsors to retain participants in defined contribution plans after they retire.

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