07.24.24
DC Plan Participants Want Income, Guidance, J.P. Morgan Survey Finds
by: Financial Advisor
According to a survey by J.P. Morgan Asset Management, 77% direct-contribution (DC) plan participants are concerned about creating a steady retirement income stream, even while less than half have calculated their savings needs. About 90% are curious about in-plan solutions that provide guaranteed income. Three out of four participants want professional investment advice, but only half of them were receiving such guidance.
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