The Role of Insurance in Retirement
Market uncertainty and longer lifespans make retirement planning challenging. Understandably, today’s employees are worried about outliving their savings and potentially postponing retirement.
To address these challenges, employers can help provide retirement security to their employees by offering a stable value fund, a principal preservation option in a defined contribution plan that produces income that historically outperforms both money market funds and inflation, and a fixed income annuity, an insurance solution to turn retirement savings into a steady guaranteed stream of monthly income in retirement.
