New research from TIAA shows that nonprofit and corporate, for-profit employers are concerned about their employees’ retirement futures. Most worrisome are rising health care costs and the possibility that employees will outlive their savings. At the same time, employers must also contend with significant budget constraints and challenges with recruiting and retaining employees when managing their workforces. The survey offers important, timely insights as lawmakers and industry leaders work to remove obstacles deterring many plan sponsors from offering guaranteed lifetime income options in their plans.

TIAA: Timely Insight to Improve Retirement Outcomes