How ETFs might help retirees better manage distributions

By Ari I. Weinberg

But why not carry that liquidity beyond the plan, particularly for lump sums?

Alex Benke, vice president of advice products for Betterment LLC in New York, said his firm already takes lump-sum cash distributions directly into traditional individual retirement accounts and immediately invests that cash “into our ETF portfolio according to the user’s goals, benefiting from (Betterment’s) asset location feature” that optimizes holdings based on tax status.

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This article originally published July 12th, 2017 on Pensions & Investments.