The Key to Turning On 401(k) Annuities
August 5, 2020 by Kerry Pechter
Micruity, a tech startup with a 30-year-old CEO, says it has the “middleware” that can integrate 401(k) plans and annuity issuers. Will the retirement industry listen?
Before income-generating annuities can become a common feature in 401(k) plans—as they are in TIAA’s 403(b) plans—plan recordkeepers will need an easier way to swap data with the life insurers who badly want to market annuities through those plans.
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Originally Posted at Retirement Income Journal on July 29, 2020 by Kerry Pechter.
Categories: Industry Articles