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Investors Could See a LIFE-line in Their 401ks

Essentially, there are two parts to saving for retirement. One is the easy part. And that’s saving for our golden years. Most investors understand that they need to save a certain amount per year, invest it well, rinse & repeat. Accumulation is a relatively straightforward process. The second part is the more difficult part of the equation. That’s turning all the savings into a steady stream of income. This is where many investors falter, have difficulty, and ultimately fail.

But that might be changing.

Building on the momentum of the SECURE Act, a new bill in Congress may make the job of having lifetime income that much easier. For investors, the Lifetime Income For Employees Act may be the LIFE-line they need.

To learn more about retirement topics, visit our Retirement Channel.

Building on the SECURE Act

The Good and thee Bad

The Bottom Line