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More Americans Want 401k Annuity Plan Option

A recent study from Prudential Retirement found that one of the items at the top of employees’ wish lists is not readily available in their 401k plans. Of those Americans who are familiar with guaranteed lifetime income options like annuities, over three-fourths of them would …

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QLAC Rule Clarification Requested By 8 Industry Groups

Over the past couple of years, regulations have made it easier to use QLACs in qualified retirement plans. The IRS offers greater tax breaks and consumers can guarantee lifetime income from part of their retirement savings. But Qualified Longevity Annuity Contract use in retirement plans …

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