Wednesday, September 8th, 2021 A biweekly topical newsletter from PLANADVISER Solving Retirement Income One of the first steps in solving for retirement income is rethinking the jargon that often gets used with plan sponsors. For example, most employers don’t know the difference between ‘in-plan’ and ‘out-of-plan’ income. There also needs to be collaboration among the plan’s stakeholders, meaning that the asset manager, consultant and plan sponsor need to work together to present straightforward income solutions. SPONSORED AD Data & Research Advisers Have Opportunities to Help Sponsors and Participants Address Retirement Risks Advisers can help retirement plan sponsors implement investment and withdrawal options and start conversations with participants who are reluctant to share their fears. Client Service Adviser Op-Ed: Addressing the Retirement Plan Provider Disconnect In today’s challenging operating environment, the adviser must not only provide sound advice for their client but take on multiple roles—including play caller and coordinator. Data & Research Lawmakers Running Out of Time for Fixing Social Security The more they wait, the more significant the changes affecting workers and beneficiaries will be, according to the Social Security Board of Trustees' annual report. Client Service Unintended Tax Consequences Arise When the RMD Date Shifts The concept of extending the age at which one must begin drawing tax-sheltered savings as income in retirement is like candy, one source says: Everybody loves it, but too much of it can be a bad thing. Data & Research Participants More Receptive to Retirement Planning Help Help with investments and retirement income were cited by participants in two surveys. Deals & People Providing Guaranteed Income and Advisory Services Among Recommendations to Improve Retirement Security Reducing debt and having a clear spend-down strategy were also among the four keys to facilitating financial security in retirement identified by EBRI's Retirement Security Research Center. Did someone forward you this newsletter? Sign up here to get PLANADVISER Spotlight directly in your mailbox!

Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 400, Rockville, MD 20850