Five Great Takeaways from the Retirement 20/20 Report
Mark Miller, author of The Hard Times Guide to Retirement Security: Practical Strategies for Money, Work and Living, recently touched on five ideas that emerged from the Retirement 20/20 Report. In his article “How Can We Make 401(k) Plans More Like Pensions?,” Miller outlines ways to improve the current retirement system. By focusing on income and creating incentives for annuitization—just a couple highlights from the Society of Actuaries’ Retirement 20/20 Report—your defined-contribution plans can act more like defined-benefit plans. Read the full article to learn about other great ways to provide more sufficient and dependable income to retirees.
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