For those nearing or in early retirement, the fear of running out of money is a very real concern. Enter the qualified longevity annuity contract, or QLAC. With this relatively new option, you can invest up to 25% of the total balance of your IRAs …
In an effort to help their clients eliminate the risk of outliving their retirement income, Wells Fargo Institutional Retirement and Trust has partnered with MetLife to offer a new annuity option. According to a recent article from PLANSPONSOR, MetLife Retirement Income Insurance is qualifying longevity …
A recent publication from Wealth Management states that employees need to increase the amount that they are saving for retirement by at least 40% in order to support their lifestyle once they’ve stopped working. According to an article from Barron’s, a combination of longer life …
A 401(k) plan is a retirement savings plan that is sponsored by an employer. It allows workers to save and invest a portion of their paycheck before taxes are taken out. While these plans are great for helping employees save and invest, they don’t provide …
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