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Pension Rights Center Comments to ERISA Advisory Council on QDIA and Lifetime Income (PDF)
Norman Stein for The Pension Rights Center [PRC] 
[Opinion] Oct. 30, 2024 "[PRC believes] it is premature to endorse [the incorporation of lifetime income features in a plan's QDIA] because of the many critical issues and unanswered questions concerning the efficacy of defaulting participants into a lifetime income strategy through the various proposed mechanisms. Indeed, challenges remain even for plans that wish to offer participants elective insured or partially insured lifetime income options at the end of a participant's career." MORE >> |
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