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Tag Archive: how to get guaranteed lifetime income from 401k plans

Turn Your 401-K Plan Into A “Pension” With Guaranteed Lifetime Income

Turn Your 401-K Plan Into A “Pension” With Guaranteed Lifetime Income

Written By: Nina Avery, CFP® | Avery Safe Money Solutions Someone once told me the traditional pension had gone the way of the dodo.  I found the reference odd at the time and I find it odd that I can still hear those words so clearly all these years later. Why are traditional pensions practically extinct? Traditional pensions are expensive and a huge liability to a company.  Administration and management are hard costs that cannot be negotiated and risk is ever present.  There are just...

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