One Piece of a UAW Strike Solution: Lifetime Income
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One Piece of a UAW Strike Solution: Lifetime Income

By Charles E.F. Millard This article was originally published by NAPA. RETIREMENT INCOME During its strike, one of the UAW’s demands has been that the auto companies restore traditional pensions. Less well-known, but noted in published reports, is that the negotiations have also contemplated adding a lifetime income option in their 401(k) plans. It should…

Innovation Is the Answer: Envisioning a New Approach to the Retirement Income Crisis
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Innovation Is the Answer: Envisioning a New Approach to the Retirement Income Crisis

By Dave Paulsen This article was originally published by WealthManagement. With low levels of savings and the rise in longevity, Americans are facing a retirement income crisis. An estimated 50% of U.S. retirees are at risk of being unable to maintain their pre-retirement standard of living based on current savings levels.* Additionally, most investors don’t…

Annexus Retirement Solutions named finalist in Wealth Management’s “Wealthies” awards for industry-changing innovation
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Annexus Retirement Solutions named finalist in Wealth Management’s “Wealthies” awards for industry-changing innovation

This article was originally published by PR Newswire. SCOTTSDALE, Ariz., July 12, 2023 – Annexus Retirement Solutions (ARS) has been named a finalist in the Wealth Management Industry Award category: In-plan Retirement Income – Product or Service, for its lifetime income solution, Lifetime Income Builder, along with its proprietary middleware solution, the Annexus Retirement Data Exchange (ARDX). These…

State Street Embeds Annuity in New Target Date Series
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State Street Embeds Annuity in New Target Date Series

By Brian Anderson This article was originally published by 401(k) Specialist. State Street Global Advisors is launching a new target date series that lets 401(k) participants convert their retirement nest eggs into a steady stream of retirement income via an annuity. Global Trust Company (GTC), along with State Street and Annexus Retirement Solutions, a designer…

State Street Partners with Annexus For Retirement Income TDF
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State Street Partners with Annexus For Retirement Income TDF

By Alex Ortolani This article was originally published by Plan Sponsor. State Street Global Advisors has partnered with Annexus Retirement Solutions on a target-date fund series with a retirement income annuity, the companies announced Wednesday. The State Street GTC Retirement Income Builder Series will come with Annexus Retirement Solutions’ embedded Lifetime Income Builder annuity in the TDF’s…

State Street Launches Target-Date Fund Series With Built-In Income
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State Street Launches Target-Date Fund Series With Built-In Income

By John Manganaro This article was originally posted by Think Advisor. State Street Global Advisors has announced the launch of a new target-date fund series designed to deliver “automatic retirement income” for mass-market investors in workplace defined-contribution retirement plans. Leaders from the firm, which is launching the TDF series in collaboration with Global Trust Company…

Annexus Retirement Solutions and iJoin Partner to Make Target Date Funds with Lifetime Income Builder More Accessible to Retirement Plan Advisors
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Annexus Retirement Solutions and iJoin Partner to Make Target Date Funds with Lifetime Income Builder More Accessible to Retirement Plan Advisors

This article was originally posted by PR Newswire. Scottsdale, Arizona, March 16, 2023 – Annexus Retirement Solutions (ARS), a designer of institutional lifetime income solutions, announces its partnership with iJoin, a leading retirement plan engagement platform provider, to develop infrastructure to support ARS’ patent-pending solution, Lifetime Income Builder. The collaboration creates opportunity for iJoin’s 50+…

Portability Is Key to Lifetime Income Solutions
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Portability Is Key to Lifetime Income Solutions

By Charles E.F. Millard This article was originally published by National Association of Plan Advisors. Lifetime income should be part of any 401(k) or defined contribution plan. In fact, more than three-quarters of employers say they are highly interested in incorporating a lifetime income solution into their plan. However, one important need must be met…

Must-Ask Question: Is This Solution Efficient for the Insurance Carrier, Too?
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Must-Ask Question: Is This Solution Efficient for the Insurance Carrier, Too?

By Charles E.F. Millard Not all lifetime income solutions are designed equally. This may seem obvious to those following the field after passage of the SECURE Act, and it quickly becomes apparent when you begin to evaluate the various solutions through a participant lens. Any plan sponsor, advisor or participant considering a lifetime income solution…

Annexus company finding retirement plans receptive to annuities
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Annexus company finding retirement plans receptive to annuities

By John Hilton This article was originally published by InsuranceNewsNet. Annexus Retirement Solutions occupied a niche position within the Annexus empire, creating and managing new annuity platforms for retirement plans. As the lone Annexus satellite not part of the blockbuster Integrity Marketing Group acquisition, ARS continues as an independent company prepared to pounce in a…