Lifetime Income Solutions Only Work if They Are Simple & Easy for the Participant
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Lifetime Income Solutions Only Work if They Are Simple & Easy for the Participant

By Charles E.F. Millard For decades, the insurance and investment industries have tried to sell products that deliver lifetime income in retirement. But those products won’t be adopted unless they are simple, seamless and easy to use. The more decision-making is required for participants, the lower the adoption rate is, no matter the plan. There…

When Choosing a Lifetime Income Solution,   Make Sure You Don’t Sacrifice Growth
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When Choosing a Lifetime Income Solution, Make Sure You Don’t Sacrifice Growth

By Charles E.F. Millard Lifetime income solutions make a lot of promises: guaranteed payouts; liquidity; portability; simplicity; maximizing asset growth. But do they all deliver on these promises to their full capacity? In evaluating lifetime income solutions, we need to examine each of those promises —with growth opportunity as one of the most critical considerations….

Liquidity Is Vital When Evaluating Lifetime Income Solutions
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Liquidity Is Vital When Evaluating Lifetime Income Solutions

By Charles E.F. Millard Participants want lifetime income. What they don’t want is to lose control of—and access to—their assets. The real challenge for any plan sponsor considering in-plan annuities is finding a qualified default investment alternative (QDIA) solution. No plan sponsor wants to default a participant into anything that is, or ever could become,…

An Evaluation Process for In-Plan Lifetime Income Solutions
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An Evaluation Process for In-Plan Lifetime Income Solutions

By Charles E.F. Millard Ever since the passage of the SECURE Act in 2019, defined contribution (DC) plans have been top-of-mind for many advisors and sponsors. Competing solutions comprise an “alphabet soup” of options, including DIAs, SPIAs, VAs, FAs, FIAs, QLACs, GMWBs and GLWBs. Even if you decipher the code, you still have the mother…

It’s Time to Change the Conversation from Retirement Savings to Retirement Income
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It’s Time to Change the Conversation from Retirement Savings to Retirement Income

To be truly successful, today’s retirement plan solutions must place participants’ needs first. By Don Dady. This article was originally published by BenefitsPRO. In recent years, we have seen a massive shift in the retirement landscape. With defined contribution (DC) plans as the predominant source of retirement income, millions of Americans face significant financial shortfalls….

TDF Embedded Lifetime Income Solution Coming to Market By Summer
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TDF Embedded Lifetime Income Solution Coming to Market By Summer

The solution can be traded like mutual funds, delivers maximized returns and offers distribution flexibility. By Rebecca MooreThis article was originally published by PlanAdviser Since Annexus announced the launch of Annexus Retirement Solutions in December, the new division has focused on re-engineering the target-date fund (TDF) structure to enable the funds to provide lifetime income…

Nationwide, Annexus Roll Out ‘Next-Gen’ In-Plan Guaranteed Income Solution
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Nationwide, Annexus Roll Out ‘Next-Gen’ In-Plan Guaranteed Income Solution

“Lifetime Income Builder” meant to help 401(k) plan participants maximize their retirement income By Brian AndersonThis article was originally published by 401k Specialist Nationwide and Annexus Retirement Solutions today announced that they have partnered to bring to market “Lifetime Income Builder,” an in-plan guaranteed income solution that is built to help retirement plan participants maximize…

Nationwide partners with Annexus to introduce Lifetime Income Builder – Coverager
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Nationwide partners with Annexus to introduce Lifetime Income Builder – Coverager

By Gabriella Ben-HuttaThis article was originally published by Coverager Nationwide and Annexus Retirement Solutions announced that they have partnered to bring to market Lifetime Income Builder, an “innovative in-plan guaranteed income solution that is built to help retirement plan participants maximize their retirement income.” Lifetime Income Builder is a new in-plan solution that helps address…

Nationwide Partners with Annexus to Introduce Lifetime Income Builder – InsurTech Insights
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Nationwide Partners with Annexus to Introduce Lifetime Income Builder – InsurTech Insights

Nationwide and Annexus Retirement Solutions today announced that they have partnered to bring to market Lifetime Income Builder, an innovative in-plan guaranteed income solution that is built to help retirement plan participants maximize their retirement income. This article was originally published by InsurTech Insights The new retirement plan investment option, slated to launch later this…

Nationwide, Annexus Partner On In-Plan Annuity
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Nationwide, Annexus Partner On In-Plan Annuity

Nationwide announced last October that it would release a series of five new products for the 401(k) market. Today it announced Lifetime Income Builder, a fixed indexed annuity with a lifetime income rider. By Editorial StaffThis article was originally published by Retirement Income Journal Nationwide and Annexus Retirement Solutions are partnering to launch a new…