401k Facts
Tips & knowledge to help your 401k planning efforts.Are 401k's With Retirement Income Guarantee in Our Future?
A new survey indicates three out of four (77%) U.S. adults support the concept of modifying the 401k retirement plan system to specify that employer contributions be used to provide a guaranteed stream of income. Younger adults (defined as 18 to 44 years of age) were even more likely (85%) to say they support such a retirement plan, according to a press release from Nationwide Financial Services. In addition, the survey revealed that 72% of U.S. adults said they agree that the 401k system should be adapted to include features that offer guaranteed income at the point of retirement. Nationwide Financial Services-
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