Many employers are starting to explore the benefit of adding a guaranteed lifetime income solution to their company’s 401(k) plan. Because this is a workplace benefit, employer sponsored lifetime income solutions must offer gender neutral pricing. This means that women who elect a lifetime income benefit provided by their employer get a boost due to their longer life expectancy. Our session will provide more detail about this advantage for women at work and will cover the various lifetime income solutions which are being developed for 401(k) plans.
1. Understanding the need to budget and save for lifetime income
2. Learn about unique challenges women face during working career and in retirement
3. Understanding the advantage for women of providing lifetime income thorough their 401k plan
Assistant Vice President, Head of Pensions Product & Pricing,
Director, Pension Solutions,
Pacific Life Insurance Company