Paycheck Retirement Revolution: BlackRock Returns Employee Savings through Monthly Payments
New York, United States – BlackRock, a leading investment management firm, is introducing a new program called LifePath Paycheck to revolutionize employer retirement plans. This innovative program aims to provide employees with a sense of predictability by offering fixed monthly payments as part of their 401(k) plans. The initiative, which utilizes target-date funds with annuities embedded in them, addresses the growing need for solutions to the retirement crisis highlighted by BlackRock CEO Larry Fink in …