{"id":6820,"date":"2023-06-13T09:10:19","date_gmt":"2023-06-13T13:10:19","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=6820"},"modified":"2023-06-13T09:10:19","modified_gmt":"2023-06-13T13:10:19","slug":"plans-dont-want-retirement-income-solution","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=6820","title":{"rendered":"Plans don\u2019t want retirement income solution"},"content":{"rendered":"<p>While there has been a push to allow 401(k) plan sponsors to offer retirement income solutions for participants, most plan sponsors aren\u2019t interested in offering it.<\/p>\n<p>PGIM conducted a study that found that while seven out of 10 plan sponsors have taken steps regarding retirement income, only 15% are currently evaluating products or implementing a solution. Also, 27% of these plan sponsors said they are not currently interested in offering a retirement income solution.<\/p>\n<p>The study showed that the most common retirement income solutions plan sponsors are considering are annuities. However, only 14% of plan sponsors agreed there is significant participant interest in adding in-plan annuities.<\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>While there has been a push to allow 401(k) plan sponsors to offer retirement income solutions for participants, most plan sponsors aren\u2019t interested in offering it. PGIM conducted a study that found that while seven out of 10 plan sponsors &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=6820\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6820"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6820"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6820\/revisions"}],"predecessor-version":[{"id":6821,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6820\/revisions\/6821"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}