What plan sponsors need to know about lifetime income

Participants have long wanted a solution built within their retirement plans to mirror the benefits of the now essentially extinct defined benefit plan. They understand that guaranteed income has a significant role in securing their retirement and are looking to their employer to help them in that process.

While many plan sponsors see that a lifetime income solution can improve retirement outcomes for participants, they are faced the challenge of reviewing the available lifetime income options available in today’s market. So where should the plan sponsor begin?

Please join Brendan McCarthy, Head of Nuveen Retirement Investing, as he breaks down having the lifetime income discussion with your institutional clients and shares resources to help you along the way.