Why offer retirement income solutions?
In-plan options can benefit both you and your employees.
Worries about retirement savings lead to employee stress and delayed retirements.
Source: PwC, Employee Financial Wellness Survey, April 2017.
What can you do to help? Over the past five years, guaranteed retirement income solutions have become increasingly popular.
Source: LIMRA PUBLICATIONS, Guaranteed Income Investment Options in DC Plans, 2017.
Retirement income solutions can help participants by providing a guaranteed income stream in their later years. But it doesn’t just benefit them. What’s in it for you?
Reduced employer costs
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Source: Society of Actuaries, Calculating ROI: Measuring the Benefits of Workplace Financial Wellness, 2017.
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Increased employee productivity
- Among employees with financial stress:
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Source: PwC, Employee Financial Wellness Survey, April 2017.
More engaged younger employees
Source: GALLUP, Millennials Want Jobs to Be Development Opportunities, June 30, 2016.
Source: Defined Contribution Institutional Investment Association, A Financial Wellness Primer, July 2017.
Help employees retire on time. Lower your costs. Boost productivity and engagement. Is it time to consider in-plan guaranteed retirement income solutions for your plan?