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Both Plan Sponsors and Participants Show Strong Interest in Guaranteed Lifetime Income Options
Allianz Life Insurance Company of North America Link to more items from this source
Oct. 11, 2021

"73% of employer-sponsored participants would consider an option that offers guaranteed income for life in their plan if available. 64% of employer-sponsored plan participants stated that market volatility caused by COVID-19 has increased their interest in adding an option that offers lifetime income into their plan. 77% said providing an option for lifetime income within their plan would demonstrate their employer has a vested interest in their retirement readiness and wellbeing, and 65% said this option would increase their loyalty to their employer."

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