He pointed out that plan sponsors are still not embracing in - plan guaranteed lifetime income products due to fiduciary fears; they are not sure what fiduciary due diligence is needed. (planadviser.com)
The rise in lawsuits is prompting more sponsors to turn to lower - cost index funds — and could prevent them from offering lifetime income products. (planadviser.com)
As mentioned, there are IRAs for retirement goals, as well as guaranteed lifetime income products, but depending on your life stage you may want to consider other solutions as well. (massmutual.com)