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Retirement Income Overview

Give your employees the confidence and direction to retire on time

With the ongoing shift from defined benefit (DB) pensions plans to defined contribution (DC) plans, employees are required to take on more of the responsibility to ensure their savings last throughout retirement, regardless of market conditions. Help your employees prepare for the long-term during this uncertain time.

Lifetime income solutions for your defined contribution plan

Fixed income annuities provide employees with a guaranteed and predictable layer of income to meet their financial needs in retirement.Employers can offer them as:

  • A distribution option within a defined contribution (DC) plan 
  • A way of fulfilling various non-qualified executive benefit obligations, which can be a valuable executive retention tool for Supplemental Executive Retirement Plans (SERPs), Non-Qualified Deferred Compensation (NQDC) Plans and Executive Bonus Plans (Sec. 162)

Benefits for plan sponsors

Benefits of offering lifetime income options:
Guaranteed income solutions are tools that help employees confidently retire on time.1

Partial distributions allow remaining assets to stay in the plan, providing liquidity to complement guaranteed income needs.  Employees can choose a variety of options, including providing benefits for loved ones after death.

Seamless integration for easy implementation, no portability concerns, no expensive or timely build with your recordkeeper, and institutional pricing at no additional cost to you.

Award-winning employee educational program and access to superior customer service.

Solutions for the public sector

Whether you’re a government agency or a nonprofit organization, we can help ensure your employees have a guaranteed stream of income in retirement.
  • 100% of our public sector customers find us easy to do business with3
  • Approximately 3,000 public sector organizations served across the country4        
  • 50% of the state governments across the U.S. offer our group benefits5
MetLife’s Evolving Retirement Model Study

Today’s workplace landscape has evolved from the traditional notions of retirement. With this new retirement model come several considerations to meet the needs of an aging workforce, as well as the generations of workers who follow behind them.