As awareness grows for the importance of income in retirement, in-plan guarantees are growing in number and in assets. In-plan annuity guarantees allow participants in retirement plans to protect some of their savings to provide future retirement income while they are still working and contributing to their plans.

A LIMRA Secure Retirement InstituteTM (SRI) survey of in-plan guarantee availability and election found that in 2013 the total assets covered by an in-plan guarantee grew 31 percent since 2012 to reach $2.9 billion.  The number of plans offering in-plan guarantees increased to 23,500 a 10 percent gain over the year before.

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