Amid heightened concern over an aging workforce, increasing longevity and the financial health of their workers, a growing number of U.S. employers are adding lifetime income solutions to their defined contribution (DC) retirement plans, according to the 2019 Lifetime Income Solutions Survey by Willis Towers Watson (WLTW), a leading global advisory, broking and solutions company. This year’s survey found 30% of employers currently offer one or more lifetime income solutions. An additional 60% of sponsors have not adopted lifetime income solutions but are considering them, or would consider them, in the future.

source https://finance.yahoo.com/news/more-employers-adopting-lifetime-income-131606164.html?.tsrc=rss