BlackRock CEO Sees Annuities as Retirement Plans' Future

News April 15, 2024 at 10:01 AM
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What You Need To Know

  • The new LifePath Paycheck program combines target date funds with a lifetime income option.
  • It will go live later this month with 14 plan sponsors and their 500,000 participants.
  • CEO Larry Fink believes it shows how typical plans will work.

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