retirement plans
2012 Retirement Industry ConferencePosted by RJ and Makay on Feb 29, 2012 |
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“Rising to Today's Challenges” is the theme of this year’s 2012 Retirement Industry Conference to be held in Orlando, Florida from April 25 to 27. Attendees will learn about the latest industry best practices in management, operations and marketing and gain insights on how to best achieve business goals. Top retirement industry business leaders will lead a series of workshops on this growing industry segment.
The U.S. Treasury Department announced recently that it would facilitate the expansion of annuities and other guaranteed lifetime income products for retirement plans. The department has put forward two regulations that will make it easier to purchase an annuity through company-funded pensions or 401(k) accounts. Annuities pay out guaranteed lifetime income streams in exchange for a lump sum up-front payment.
75% of small business owners believe that so many Americans are financially unprepared for retirement that the situation has reached crisis levels, according to a Nationwide Financial survey conducted by Harris Interactive. However, of these surveyed businesses, only one in five (19%) offer their employees a 401(k) plan or other employee self-funded retirement plan.
