Why a “retirement plan” should include a plan for retirement

Uncertainty has increased employees’ need for the security of financial wellness and guaranteed retirement income. Research shows that 3 in 4 participants are interested in protected lifetime income products; in fact, 7 out of 10 individuals would use it if it was offered in their retirement plan.¹

New safe harbor guidelines simplify evaluation of guaranteed income options, making it easier for plan sponsors to meet this critical need. During this session, we’ll address:

• The importance of in-plan retirement income for financial wellness
• How the government simplified the evaluation and selection process
• Key plan design features to bring retirement income in-plan

¹ _{Source: EBRI/Greenwald 2019 Retirement Confidence Survey}

_{Kevin Hanney and Bruce Ashton are not affiliated with Lincoln and the views expressed are not necessarily the views of Lincoln Financial Group.}

_{Lincoln Financial Group affiliates, their distributors, and their respective employees, representatives, and/or insurance agents do not provide tax, accounting, or legal advice. Please consult your own independent professional as to any tax, accounting, or legal statements made herein.}

_{Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations.}

_{LCN- 3723956-081921}