-Solution offers an innovative lifetime income strategy providing transparency and flexibility to retirement savers-
NEW YORK, Aug. 15, 2024 /PRNewswire/ -- J.P. Morgan Asset Management today announced a new retirement income solution, SmartRetirement Lifetime Income, a target date offering that helps participants navigate the challenges associated with generating retirement income. The strategy seeks to reduce portfolio volatility as participants near retirement and provide access to a stream of lifetime income payments offered by unaffiliated participating insurance companies by building upon a stable value structure.
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