News & Press: DCIIA News

New DCIIA White Paper Focuses on Plan Distribution Options and Best Practices

Monday, April 30, 2018   (0 Comments)
Posted by: Karen Witham
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New DCIIA White Paper Focuses on Plan Distribution Options and Best Practices

Today DCIIA announced the publication of our latest white paper, “Design Matters: Plan DistributionOptions and Taking Money Out for Retirement.” The paper provides insights on how plan sponsors’decisions about plan distribution policies can play a critical role in participants’ retirement outcomes.

Increasingly, plan sponsors have begun to realize that options such as periodic partial withdrawals,partial annuitization, monthly/quarterly installment payments and other flexible distribution strategies can allow retired and other separated participants to readily turn their account balances into the type of income stream that best meets their individual financial needs. The distribution options available to participants and the framing of those options are key. In short, plan design matters.

The white paper is available on the DCIIA website (http://dciia.org/page/Publications).

For additional reading on the subject of plan design and retirement income, please see the following DCIIA publications:

• “Design Matters: The Influence of DC Plan Design on Retirement Outcomes”
• “Retirement Income Solutions: A Guide for Plan Sponsors”

Thank you to our many contributors and reviewers for their time and expertise!