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Making Your 401(k) Last: The Challenge of Lifetime Income in Defined Contribution Retirement Plans

When
Where
Bipartisan Policy Center
1225 Eye Street NW
Suite 1000
Washington, DC 20005
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It’s been a big struggle to convince many Americans to participate in a 401(k) and other retirement savings plans. Now, the next great challenge may center on what is known as lifetime income ? ensuring that participants can make their savings last for the rest of their lives. What can plan sponsors and servicers do to help Americans find solutions for their regular income needs in retirement? What policy tweaks can government officials make?

A distinguished panel of academic, industry, and policy experts offered their perspectives and insights.


Welcoming remarks from:

James B. Lockhart III
Vice Chairman, WL Ross & Co.
Co-Chair, BPC Commission on Retirement Security and Personal Savings

Keynote address:

John Haley
Chief Executive Officer
Towers Watson
@towerswatson


Download Haley’s slideshow presentation

Panel discussion with:

Katharine G. Abraham
Professor of Economics and Survey Methodology
University of Maryland

Jeffrey Brown
William G. Karnes Professor of Finance, Director of Center for Business & Public Policy
University of Illinois

Hon. Josh Gotbaum
Guest Scholar, Economic Studies
Brookings Institution
@JoshGotbaum

William Johnson
Executive Vice President, Investment Product Development and Risk Management
Fidelity Investments Life Insurance Company
@Fidelity

Allison R. Klausner
Assistant General Counsel – Benefits
Honeywell International Inc.

Moderated by: 

Brian Collins
Senior Policy Analyst
Bipartisan Policy Center
@BrianCPolicy

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