QLACs
Purchasing a QLAC in a Tax Deferred Plan
Instructions for how to purchase a Qualified Longevity Annuity Contract (QLAC) in a 401(k), 403(b), IRA or other plan.
Tag: 401(k)
QLACs
How to Purchase a QLAC with 401(k) Funds
You have a few options if you'd like to purchase a QLAC with a 401(k).
The Personal Pension
5 Reasons Why Annuities Without Cash Value Is Best
Annuities without cash value, a.k.a. income annuities, offer you protection from running out of money by providing guaranteed retirement income. These are the 5 reasons why income annuities are the best option for your retirement plan.
Retirement Planning
How Stock Market Drops Affect Your Retirement
401(k)s have become the predominant way to prepare for retirement, which leaves retirement savings exposed to market volatility. As a result, we are more sensitive to changes and drops in the markets. Knowing how stock market drops affect your retirement means it's important to protect your investments from movements in the market.
The Personal Pension
Personal Pension 401(k) Rollover
If you have an old 401(k) sitting with a former employer, consider a Personal Pension 401(k) rollover that will turn the money you've worked hard to save into a guaranteed source of income you can't outlive.
The Personal Pension
The Personal Pension for Beginners
A Personal Pension offers guaranteed retirement income that lasts as long as you. Here's how the Personal Pension works.
Pensions
Personal Pension to Replace Defined Benefit Pensions
As employers freeze and terminate their pension plans, a new option is emerging: the Personal Pension.
Pensions
Arconic’s Pension Freeze and Pension Advice for Its Employees
In 2018 Arconic is freezing defined benefit pension plans for nearly 7,900 of its employees. As a replacement to this, Arconic will increase contributions to employee 401(k) plans for those affected.
Pensions
Alcoa’s Pension Benefits Reduced by 2021 and an Employee Call to Action
Alcoa will freeze US and Canada salaried defined benefit pension plans starting in 2021 as it increases its contributions to workers’ 401(k) plans.
Pensions
L.L. Bean to Cut Costs by Pension Plan Terminations and Offer Voluntary Early Retirement
L.L. Bean is increasing their contributions to employees’ 401(k) plans as they terminate pension plans. The company is also offering early retirement incentives as a way to reduce its workforce and alleviate some of their expenses.