Current situation
Income guarantee products typically require investors to give up some control of assets.
Retirement challenge
The decision to give up some control of assets is hard for many people to make and needs incenting.
Bob Reynolds’ Retirement Reform Agenda
Provide tax incentives to employees who invest in lifetime income guarantee products.
This is one of the proposed retirement savings reforms proposed by Bob Reynolds, President and CEO of Putnam Investments. For the full list, read the blogs in the Workplace Savings 3.0 category and see the document embedded below.
