9/4/2013 – 401(k) income projections are a good idea (WSJ MarketWatch)

Sep 05, 2013 No Comments by

Earlier this year, the Department of Labor issued for comment an advanced notice of proposed rulemaking that would encourage the sponsors of 401(k) plans to project how much income a participant’s 401(k) balances would provide at retirement.  Shifting the focus from stocks (401(k) balances) to flows (monthly income) will provide participants with a much better sense of the portion of required expenses that their 401(k) accumulations can cover once they stop working.

Read the full article at WSJ MarketWatch.

Financial -Landing 2013

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