Latest white paper explores new realities of retirement planning
With life spans increasing and people spending more years in retirement, most will encounter a market disruption or two—like the current pandemic. A longer retirement comes at a cost as individuals ponder how to cover extra years without a paycheck.
As a plan sponsor, you have an opportunity to help ease employees’ emotional and financial security through guaranteed income. We tackle this topic with fresh insight in a new white paper from the Longevity Project developed in conjunction with Principal® and the Stanford Center on Longevity.
An in-depth look at longevity and retirement
Bringing you the latest trends, Lifetime Income to Support Longer Life: Retirement Innovation and the New Age of Longevity examines the implications of a longer lifespan and how individuals can plan for it. You will gain additional perspective on several key concepts, including:
- How the SECURE Act has opened the door to annuities within employer-sponsored retirement plans with safe harbor for the choice of lifetime income provider and portability of lifetime income option.
- Why lifetime income solutions can be valuable during periods of market volatility.
- A closer look at optimism among individuals with guaranteed income.
This information is educational only and provided with the understanding that Principal® is not rendering consulting, legal, accounting, investment advice or tax advice. You should consult with appropriate individuals including counsel or other professionals on all matters pertaining to business, legal, tax, investment or accounting obligations and requirements.
Guarantees are based upon the claims-paying ability of the issuing insurance company.
Insurance products and plan administrative services provided through Principal Life Insurance Co., a member of the Principal Financial Group®, Des Moines, IA 50392.
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