Lifetime Income Solutions as a Qualified Default Investment Alternative (QDIA) � Focus on Decumulation and Rollovers

This document is the report from the 2018 ERISA Advisory Council, providing recommendations to the Department of Labor on promoting lifetime income solutions within defined contribution plans. The report covers areas such as amending the QDIA regulations to better accommodate lifetime income features, providing guidance on delegating fiduciary responsibilities for annuity selection, and encouraging plan sponsors to adopt distribution options that facilitate lifetime income.