|Thursday, April 23, 2015|
|07:30 AM - 09:30 AM CT|
Employee Benefits partner Randall Tracht and associate Matthew Hawes will present at a program, “Retirement and 401(k) Plan Trends: Lifetime Income and Financial Wellness,” sponsored by Worldwide Employee Benefits (WEB) Network’s Chicago-West Chapter.To address the growing concern that retirees protect themselves from outliving their savings, the IRS issued final rules in 2014 regarding Longevity Annuities (QLAC). Many 401(k) sponsors are wondering how to add this option to their plan and if it makes sense to do so. The presenters will review this regulation and discuss issues you should consider before implementing this provision in your 401(k) plan.