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Next for Defined Contribution: Protected Retirement Income
American Century Investment Services, Inc. Link to more items from this source
May 15, 2023

"95% of plan sponsors agree employees need help turning their balances into reliable income, and 94% say they should offer income features.... [T]wo-thirds of plan sponsors say they would rather have a guaranteed income option in an existing investment, such as their TDF ... Three-quarters of participants feel it's at least very important to protect all their savings in the event of a market crash.... Three-quarters of participants want 100% control and flexibility with their accounts after retirement."

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