Half of participants in 401(k) plans would like to have the option of rolling their money into a guaranteed income solution, but that does not exist in their plan, MetLife found in a recent survey, its seventh annual Employee Benefits Trends Study. Only 21% of employers said they would consider offering guaranteed income solutions, and only 16% of employers currently offer income annuities in their 401(k) plan.

In addition, 51% of participants in 401(k) plans would like to receive concrete retirement savings advice, but only 37% of employers believe they have a responsibility to provide it.

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