Brad Campbell Shares Insights From ERISA Advisory Council Meeting With Retirement Income Journal

In “Should Participants Get Lifetime Income By ‘Default’?” the Retirement Income Journal recapped benefits and executive compensation partner Brad Campbell’s testimony during the most recent ERISA Advisory Council. 

The meeting, held June 10-12, focused on ““Lifetime Income and Qualified Default Investment Alternatives” (QDIAs).” Campbell’s comments focused on the different types of retirement plans, including 401(k)s. 

“401(k)s are mid-career accumulation vehicles that don’t naturally lend themselves to retirement income planning,” Campbell noted.