Retirement Trends

Annuitization to secure a lifetime income stream is far from the only option available to annuity purchasers.

Taxpayers can enroll by filling out a one-page form when filing their return, the agency head says.

The findings highlight a broader tension in the retirement industry between using participant data to enhance services and concerns that the same information may be leveraged for cross-selling or other non-plan purposes.

A fiduciary would have to show that the benefits from reducing plan participant liquidity justified the impact.

IRAs lead with $19.2T, followed by $14.2T in defined contribution plans, according to ICI.

Labor has outlined steps 401(k) plan managers can take when considering alternative assets in investment lineups.