Regulation
SECURE Act Could Help Provide Retirement Income in 401(k) Plans
Report says retirement income will become the standard in defined contribution plans.
The proposed pension reform would affect workers hired after Sept. 1, 2022.
Controversial 2017 contribution of $3.5 billion in company shares to the retirement program apparently was divested, long before the current share-tanking mess.
The life insurance company apparently no longer considers the DC plans integral to its business.