MERCER and STANFORD CENTER ON LONGEVITY: Retirement article series

Download Article Two - How to Increase your Employees' Retirement Income

Article Two in a Mercer and Stanford Center on Longevity Series

Most employees with 401(k) plans are paid a lump sum upon retirement. When faced with the challenge of generating a retirement income from this payout, many of them miscalculate. Plan sponsors are in a unique position to help their employees generate a favorable retirement income. This article will investigate three commons ways employers can improve their employees' retirement income:

• Systematic withdrawals
  
• Immediate annuities and
  
• Hybrid products

Download Article Two now