Do Your Clients Have Retirement Assets in 'Orphan' Accounts?
New LIMRA Secure Retirement Institute research indicates that many do.
Do You Know How Much Income You Will Have In Retirement?
Earlier this month, the Department of Labor’s Employee Benefits Security Administration (EBSA) announced it is considering requiring defined contribution plan providers to show participants both their total account balance and the estimated lifetime income stream that they would receive beginning at retirement.
One in Four Older Workers Have No Plan for Their DC Plan Assets Once Retired
WINDSOR, Conn., Feb. 18, 2014 — A new LIMRA Secure Retirement Institute (LIMRA SRI) study found that 27 percent of U.S. workers, ages 55-64, say they do not know how they will use their defined contribution (DC) plan savings after they retire.
Do Consumers Believe In Debt After Retirement?
LIMRA Secure Retirement Institute finds consumers attitudes towards being in debt, even so called “good” debt, is negative during retirement.