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BlackRock CEO Sees Annuities as Retirement Plans' Future
By
Allison Bell
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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