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0 0 -0.00182016745540579 -0.00182016745540579 9.10083727703414E-05 0.00109210047324358 0.0025482344375684 0.00468693119767019
Stock impact report

T. ROWE PRICE LAUNCHES LIFETIME INCOME SOLUTION FOR RETIREES WITH PACIFIC LIFE

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Company Research Source: PR Newswire
Managed Lifetime Income provides predictable, guaranteed retirement income for lifeBALTIMORE, Oct. 15, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm and leader in retirement, today announced the launch of Managed Lifetime Income (MLI), a new retirement solution designed to provide retirees in a defined contribution plan with stable and predictable monthly income for life. MLI combines a managed payout investment from T. Rowe Price with a Qualifying Longevity Annuity Contract (QLAC) from Pacific Life, a leading provider of innovative insurance and annuity solutions, to offer a unique union of professional asset management and guaranteed monthly payouts.T. Rowe Price has a strong background in managed payout products with the introduction of Retirement Income 2020 in 2017, followed by Retirement Income 2025. MLI is rooted in the research, insights, and methodology that underpin the firm's target date solutions, and expands on the managed payout investment porti Show less Read more
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