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    • DOL Issues Rule on Lifetime Income Statements

    August 19, 2020 by Melanie Waddell

    The Department of Labor’s Employee Benefits Security Administration released Tuesday an interim final rule intended to help workers estimate how their current savings in a defined contribution plan translates into lifetime monthly payments.

    The rule implements Section 203 of the Setting Every Community Up for Retirement Enhancement (Secure) Act of 2019.

    Click HERE to read the full story via ThinkAdvisor

    Originally Posted at ThinkAdvisor on August 18, 2020 by Melanie Waddell.

    Categories: Industry Articles
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