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CRITs: An Alternative Retirement Income Approach
savings to purchase a guaranteed lifetime income annuity from an insurance company. However, these annuities ... retiree a monthly annuity income. The retiree would select the form of the annuity, which would include ...- Authors: Mark Shemtob
- Date: Sep 2021
- Competency: External Forces & Industry Knowledge; Results-Oriented Solutions
- Publication Name: Retirement Section News
- Topics: Pensions & Retirement>Defined contribution and 401k plans; Pensions & Retirement>Pension legislation and regulation; Pensions & Retirement>Private sector plans; Pensions & Retirement>Post retirement risks; Pensions & Retirement>Retirement Investment Income Tontines (RITs)
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DC Corner: For Such a Time as This
plans. Today, U.S. employers sponsor over 600,000 individual 401(k) plans. According to Alight’s “2021 Trends ... both in terms of dollars and share of the total U.S. retirement market, while the dollars and market ...
- Authors: Robert J Reiskytl
- Date: Jun 2022
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Retirement Section News
- Topics: Pensions & Retirement>Defined contribution and 401k plans