BlackRock Activates Retirement Solution Offering A Paycheck For Life [Yahoo! Finance]
BlackRock, Inc. (BLK)
Last blackrock, inc. earnings: 4/16 06:02 am
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Source: Yahoo! Finance
Solution is part of BlackRock's efforts to help people manage spending throughout increasingly longer retirements NEW YORK, April 24, 2024 BUSINESS WIRE BlackRock (NYSE: BLK) announced today that its retirement income solution, LifePath Paycheck™, is now available in defined contribution plans. The LifePath Paycheck solution takes a new approach to retirement income by providing access to guaranteed income through a target date fund, an investment strategy that automatically adjusts to a targeted retirement year. Plan participants will have the option to access the guaranteed income as early as age 59 ½ by purchasing annuity contracts issued by Equitable (NYSE: EQH) and Brighthouse Financial (NASDAQ: BHF) To help educate plan participants, BlackRock developed MyLifePath™ , a digital experience that shows how today's contributions can translate into income in retirement. Avangrid (NYSE: AGR), Adventist HealthCare Retirement Plans, and Tennessee Valley Authority Retirement Syst
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- BLK's page on the SEC website