Sentences with phrase «participants nearing retirement age»
He adds these scenarios could be excellent opportunities for participants nearing retirement age to make necessary changes in order to achieve their retirement goals, whether it be aiming for a different income - replacement ratio or seeking guaranteed income outside of Social Security benefits.
https://www.planadviser.com/ Not exact matches
Fidelity says the appeal of TDFs to participants is that such professionally managed mutual funds provide an age - based, diversified portfolio that gradually becomes more conservative as a participant nears, and then enters, retirement.
«We think plan participants and sponsors alike will welcome this option because each participant's assets are transferred directly into an age - appropriate, well - diversified fund - of - funds that automatically adjusts the allocation as the retirement date nears,» Anderson said.