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Participants Trending to Lifetime Income With 403(b) & 457(b) Savings

In the past, financial advisors will remember having a discussion with the clients participating in 403(b) and/or 457(b) plans about the potential for using retirement savings for lump sum needs, by withdrawing amounts as needed. In MarketBeat, Ellie Lowder examines what has changed to contribute to the trend of using voluntary savings for additional lifetime income.