Why Retirement Income is a Critical Issue for 401(k) and 403(b) Plans

The Drinker Biddle Employee Benefits & Executive Compensation Team hosted a one-hour webinar presentation titled, “Why Retirement Income is a Critical Issue for 401(k) and 403(b) Plans.”

Los Angeles partners Fred Reish and Bruce Ashton and Chicago associate Joshua Waldbeser discussed the challenges facing retirees:

• Will their savings be sufficient, in light of increased life expectancy and rising costs?
• How should they withdraw their money in retirement?
• What steps are the regulators taking to address the problem?
• What should plan sponsors be doing to help?