Retirement Income: Prudent Practices for Plan Fiduciaries

Broadridge

In 2019, insured in-plan retirement income solutions took a major step forward with the enactment of the SECURE Act. The law created a fiduciary safe harbor for selecting the issuer of guaranteed retirement income contracts and significantly facilitated the portability of these products for participants. While fiduciaries must still follow a prudent process in selecting and monitoring in-plan retirement income solutions, the legislation fostered new interest and discussion surrounding this essential issue for plans and participants. 

 Join Fred Reish and Bruce Ashton to learn practical tips for selection and monitoring of in-plan retirement income options.

 Learning Objectives:

Attendees at this webinar will learn:

• The types of retirement income solutions for retirement plans
• Prudent process for plan fiduciaries to select and monitor those solutions
• The elements of the statutory safe harbor under the SECURE Act 
• The analysis a plan fiduciary must conduct beyond the safe harbor 
• Possible plan modifications needed to facilitate the offering of an in-plan solution
• Whether an investment policy statement should be updated for the addition of in-plan retirement income solutions

More Information, How to Register