Guaranteed Retirement Income for Employees
Retirement Income Solutions: Guaranteed-income solutions offered directly from a 401k. The employee can get a guaranteed monthly income for the rest of their life.Sounds like a great idea especially when you get older and you’re tired of the stock market volatility.
But a new study tells us that companies are hesitant to offer retirement income solutions.
Is this something you would consider offering? Why or why not? I’d love to hear your thoughts.
Retirement Partners Can Help
SECURE Act 2.0 is more comprehensive than what is outlined above, but these are some of the key areas of interest that could impact businesses. Retirement Partners of CA can be utilized to help your business take advantage of implementing and managing a retirement plan.
Get Your Free Retirement Plan Review
Disclosures, Sources, and Footnotes
For plan sponsor use only, not for use with participants or the general public. This information is not intended as authoritative guidance or tax or legal advice. You should consult with your attorney or tax advisor for guidance on your specific situation.
Approval 1-426701
