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Charles E.F. Millard

By Charles E.F. Millard | 10/23/2023
During its strike, one of the UAW's demands has been that the auto companies restore traditional pensions. Less well-known, but noted in published reports, is that the negotiations have also contemplated adding a lifetime income option in their 401(k) plans. It should be a no-brainer for auto... READ MORE
By Charles E.F. Millard | 1/23/2023
More than three-quarters of employers say they are highly interested in incorporating a lifetime income solution into their plan. However, one important need must be met before realizing widespread adoption: easy portability of the lifetime benefit.  This issue is a crucial element to solving the... READ MORE
By Charles E.F. Millard | 11/9/2020
When the SECURE Act was signed into law in December of 2019, it seemed that plan sponsors would be focused on lifetime income solutions in 2020. Then COVID-19 struck. However, interest in practical lifetime income solutions remains high among participants, and even in the midst of the COVID-19... READ MORE

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