Income Outcome

Case Study: An FIA for Guaranteed Income

By Kerry Pechter
A 62-year-old woman, newly retired, wanted $600-a-month to supplement her Social Security benefit, starting immediately. She asked New Jersey advisor Andy Panko to locate the lowest-cost source of such an income for her.

COVER STORIES YOU MAY HAVE MISSED

October 2024

How T. Rowe Price Approaches the ‘401(k) Income’ Market

By Kerry Pechter
By bundling a deferred income annuity with a managed payout program, T. Rowe Price's optional 'out-of-plan' 401(k) income tool aims to boost participants' spending power in retirement by as much as 50%, relative to...
September 2024

J.P. Morgan Asset Mgt Joins the 401(k) Annuity Race

By Kerry Pechter
To educate participants, JPMAM's ‘My Retirement Income Planner,' an online tool for 401(k) participants, will help them decide whether to cover 25% of their plan savings with an Equitable or Prudential lifetime income...
August 2024

RIJ Launches the 401(k) Income Research Center

By Kerry Pechter
RIJ intends to give plan sponsors, plan advisors, retirement plan service providers and others an up-to-date, easy-to-access source of curated information and competitive intelligence on products and processes that can help 401(k) participants turn...