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 a managed payout program with no annuity.

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 guarantee at retirement.

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 their savings into income.
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QLACs: The ‘Greek yogurt’ of Retirement Products?

By Kerry Pechter
Longevity annuities were the topic of a two-hour discussion at the Brookings Institution two weeks ago and of a RIIA/New York Life webinar this week. Having read the transcript of the first one and attended the second, I offer these highlights.

Going Dutch, with a DB-DC Hybrid

By Kerry Pechter
Can the use of "buffers" in collectively-managed defined contribution funds offer defined benefit-like income predictability? In the Netherlands, where pensions are a passion, a team of business, academic and governmental experts is recommending it.
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