Michelle Capezza was quoted in a Fiduciary News article examining how decumulation strategies are reshaping fiduciary responsibilities for 401(k) plan sponsors.

Michelle highlights the growing complexity employers face as retirement plans evolve beyond accumulation. “Decumulation products in retirement plans are different than alternative investment options, and there are different safe harbors that fiduciaries can follow in their selection process for these products. … The safe harbor considerations include conducting a thorough and analytical search for a provider, assessing their ability to satisfy their obligations and make future payments, and evaluating costs, fees, and commissions.

Source

Fiduciary News