The Role of Annuities in Defined Contribution Retirement Plans
September 17, 2024
The transition from DB to DC retirement plans has heightened the necessity of optimizing the decumulation phase for retirees.
C retirement plans have excelled at the accumulation phase, but we believe it's time for plan sponsors, consultants, recordkeepers, and asset managers to focus on decumulation and robust annuity solutions to help ensure participants’ financial security throughout retirement. In this paper, we explore the use of annuities for retirement funding and cover a variety of annuity approaches including:
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