Understanding Lifetime Income Products
Update: 2024-05-15
Description
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt is joined by Ken Barnes, senior investment consultant with SageView Advisory Group, who discusses lifetime income products which are designed to help retirees arrange for a more predictable income stream throughout the entirety of their retirement. They discuss the forms of lifetime income products, legislation that paved the way for these offerings and what plan sponsors need to consider when deciding to offer lifetime income products.
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