Charlie Nelson

Auto-enrollment, employer matching and re-enrollment are all strategies employers should embrace to help employees better save for their futures.

Auto-enrollment, employer matching and re-enrollment are all strategies employers should embrace to help employees better save for their futures.

Recent events and trends have thrust the topic of lifetime income products for retirement plans into the limelight. Retirements among the leading edge of Baby Boomers, medical advances increasing Americans' longevity, the market swoon of 2008 and continuing volatility in the financial markets have all contributed to a consensus that today's workers need options for their defined contribution plans that mimic the retirement income benefits of a defined benefit plan.