Lifetime income disclosures help employees stay on track for retirement.

We're showing employees whether they're on track to meet their retirement goals—while ensuring plan compliance. Beginning this year, and at least annually moving forward, the SECURE Act will require ERISA-covered defined contribution plan sponsors to include lifetime income disclosures and illustrations on participant statements. The illustration will show a participant's projected monthly payment in retirement, based on their current balance. We'll add these disclosures and illustrations to participant statements by late summer.