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It's Time to Act on Retirement Income Solutions
Retirement Advisor Council Link to more items from this source
[Opinion]
Feb. 2, 2023

"[D]espite good intentions, defined contribution (DC) plans have failed to properly replace the retirement income security that had existed under traditional defined benefit pension plans.... [A] large gap remains between where pre-retirees typically are financially and where they should be. Even among those who have accumulated a sufficiently large nest egg, many have no idea how to safely and responsibly convert those assets into lifelong retirement income."

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