Meet the QLAC — initial considerations for defined contribution (DC) plan sponsors
This white paper was developed to help provide perspective on the QLAC rule and some initial observations on both its strategic (longer term) and tactical (more immediate) implications for DC plan sponsors.
MetLife commissioned research conducted by Harris Poll to understand consumers’ attitudes and decision-making with regard to lump sums and income annuity payments from several sources, including a DB pension plan or a DC retirement savings plan.
Tim Brown, senior VP and head of Life & Income Funding Solutions with MetLife, spoke with PLANSPONSOR about how plan sponsors can help participants understand the risks associated with managing lump sums and create an income stream they cannot outlive.
Are DC Plans Ready for a Retirement Income Makeover, Benefits Quarterly, Third Quarter 2017
This article discusses policy makers’ growing sentiment for retirement income, why DC plans need a retirement income makeover and the reasons lifetime income provisions deserve public policy consideration.
With this research, MetLife sought to understand plan sponsors’ current perspectives about the core purpose of a DC plan, including the most effective ways to deliver lifetime income to plan participants.
MetLife commissioned this research of the largest U.S. plan sponsors and their recordkeepers to assess whether and to what extent these two groups are communicating about retirement income education, strategies and solutions for the participants in the defined contribution (DC) plans that they sponsor and service, respectively.
The MetLife Qualified Retirement Plan Barometer was constructed to measure, at a point in time, how companies are doing with regard to creating a retirement income culture within their respective companies.
With this research, MetLife wanted to assess if and how plan sponsors are recalibrating issues surrounding the aging workforce and identify emerging practices that may be used to manage very experienced workers going forward.