Wells Fargo Asset Management Launches Retirement Income Solution for Defined Contribution Plans
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: Business Wire
The new retirement income option addresses longevity risk in retirement SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Asset Management (WFAM) today announced the launch of the Wells Fargo Retirement Income Solution, a step forward in planning for income in retirement.With increasing life expectancy, funding retirement has become much more challenging, given that many workers and retirees don’t know how long their retirement savings will need to last. The Wells Fargo Retirement Income Solution, based on patent-pending research, is designed to provide participants with an option to seamlessly transition from investing for retirement to drawing income in retirement. The solution provides an option to pair a target date series with a deferred annuity,1 with the goal of providing income for life. The solution is available to plan sponsors and recordkeeping platforms.“We believe our suite of retirement-oriented solutions has the potential to help millions of Americans live more fulfilling
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- 1/14/26 - Miss
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- 1/16/26 - Form 424B2
- 1/16/26 - Form 424B2
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- WFC's page on the SEC website