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08.13.2026 Benefits Companion Podcast

From Saving to Spending: What Plan Sponsors Need to Know About Retirement Income

On this episode of Williams Mullen’s Benefits Companion, host Brydon DeWitt explores retirement deaccumulation and why helping employees save for retirement is only part of the equation. 

Brydon discusses the income side of retirement planning, including how participants may turn accumulated savings into sustainable retirement income, what plan sponsors should consider when evaluating retirement income solutions, and why education, communication and fiduciary process matter as the retirement income landscape continues to evolve. 

Key Takeaways 

  • Ask your record keeper and advisers what lifetime income and managed payout options are available under your current platform.
  • Review the plan document and what it says about distributions.
  • Evaluate whether to add an in-plan income solution such as an annuity guaranteed income contract.
  • Strengthen the advice and financial wellness resources available to employees who are approaching retirement.