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DOL's Lifetime Income Disclosure Illustration Requirement
October Three ConsultingLink to more items from this source
[Guidance Overview]
Sept. 2, 2021

"[This article provides] some examples of what these new lifetime income numbers might be like for participants at different ages and consider the implications of providing these numbers for participant communications.... Participants who have been focused on significant 401(k) asset gains over the last several years may be somewhat surprised to see the (relatively small) size of the lifetime income their account balance can buy in the current interest rate environment."

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