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Retirement income that never retires
With companies, employees and policymakers all thinking more about “retirement readiness,” the question of how to generate sustainable and reliable lifetime income is growing in importance. The 2019 SECURE Act provided specific steps for selecting a guaranteed income provider within a retirement plan that plan fiduciaries must follow to qualify for the safe harbor.
TIAA and Nuveen can help 401(k) plan sponsors evolve their retirement plans, just as we have serviced 403(b) clients and helped them provide guaranteed lifetime retirement income for their participants for more than 100 years. Now, private-sector companies can provide employees with TIAA’s unique, pension-like guaranteed income for life as part of their retirement plan.
Learn more about our solutions by visiting tiaa.org/secure-income or to learn more from our DCIO team, please complete the following form:
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The U.S. retirement system faces significant challenges in ensuring adequate retirement savings for its participants.
This is a critical endeavor at a time when more and more Americans are facing a major gap in their retirement savings.
This material is for informational or educational purposes only and does not constitute investment advice under ERISA. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on the investor’s own objectives and circumstances.
