TIAA CEO Advocates Guaranteed Retirement Income
TIAA's CEO is promoting guaranteed lifetime income products based on personal family experience with retirement shortfalls. The effort targets structural weaknesses in defined-contribution plans.
Topic cluster
policy
1 source grouped by AFBytes in Economy
AFBytes briefing
Retirees face longevity risk and sequence-of-returns volatility that can deplete savings and increase reliance on public programs.
What to watch next
- Track legislative proposals or regulatory changes regarding retirement plan distribution rules.