Saving is just one side of the retirement coin. Turning savings into lifetime income is an equally important side with a different set of challenges.
DC plans have evolved over the years to provide better savings opportunities with auto-enrollment, auto-escalation and auto-allocation features added to options like target date funds.
Now DC plans can help provide a steady income stream with auto-income solutions 鈥 where retirement income is built directly into the plan 鈥 helping make retirement simpler and more secure.