Social Security “bridge” strategy - Investment News

What would happen if employers could increase the availability of lifetime income? How? By adopting a Social Security “bridge” strategy within the 401(k) plans that they offer their employees. A recent study by the Center for Retirement Research at Boston College found that a third of workers who participate in a 401(k) would choose to delay collecting their Social Security benefits if they could use their 401(k) assets as a temporary substitute. So, what is the “bridge” option, and how does it work? Mary Beth Franklin explains how the Social Security bridge option works. Read Ms. Franklin’s article here…

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