Reinventing Retirement Income
New Rules For Retirement Income
Lifetime Income Builder – Optimized Retirement Income. It’s one thing to offer employees an opportunity to save for retirement. It’s another to create a better engine that not only helps to optimize their savings but provides a strong source of lifetime income. And with only 1 in 3 Americans feeling confident they’ll have sufficient income in retirement1, this is something we take very seriously.
Better Participant Outcomes
Simply put, Lifetime Income Builder offers more. Our in-plan solution is embedded directly within the Target Date Fund (TDF) to help deliver higher total benefits by optimizing each individual’s savings and aiming to maximize their lifetime income — without sacrificing growth or surrendering access to their money.
Up to 25% More Income2
Backed by top-rated insurance carriers, Lifetime Income Builder offers higher pension-like benefits. In fact, it offers up to 25% more income2 than industry alternatives, with the majority guaranteed for life.
Simple and Automatic
Building and protecting retirement wealth shouldn’t be complicated. That’s why Lifetime Income Builder is embedded in, and automatically works with, a Target Date Fund. Talk about simple.
Flexible and Portable
The problem with most in-plan income solutions is they lack liquidity and portability. Only Lifetime Income Builder offers both — lifetime liquidity for the entire account value and portability between multiple recordkeepers and IRA providers.
Designed to Optimize Savings and Maximize Lifetime Income
An innovative solution that’s easy to understand and simple to use — Lifetime Income Builder eliminates confusion and decision-making paralysis. As a qualified default investment alternative (QDIA) option, individuals can be automatically placed into the solution. All they need to do is decide how much to contribute, Lifetime Income Builder does the rest.
Built to Benefit All Stakeholders
Lifetime Income Builder’s efficient design doesn’t only benefit participants. It also aligns the best interests of all stakeholders in the defined contribution plan value chain including sponsors, consultants, recordkeepers, asset managers, and insurance carriers.
What Can We Do for You?
Explore Lifetime Income Builder — whether you want to include into your benefits plan, partner with us, or add to your sales toolkit.
Please select your role below:
Consultant / Advisor
This website is intended for institutional retirement industry professionals.
1 Forrester Consulting, American Retirement Perspectives Survey sponsored by Annexus, 2017.
2 Compared to industry alternatives based on Monte Carlo Simulation of American Academy of Actuaries C3 Phase II Scenarios
• Not a deposit • Not FDIC or NCUSIF insured • Not guaranteed by the institution • Not insured by any federal government agency • May lose value
This material is not a recommendation to buy, sell, hold, or roll over any asset, adopt a financial strategy, or use a particular account type. It does not take into account the specific investment objectives, tax and financial condition, or particular needs of any specific person.
Lifetime Income Builder will be powered by an insured guaranteed income solution issued by an insurance carrier that the plan fiduciary has determined qualifies for the safe harbor provisions of ERISA section 404. All guarantees and protections are subject to the claims-paying ability of the issuing insurance carrier. Lifetime Income Builder does not directly participate in the stock market or any index. It is not possible to invest in an index. Withdrawals are subject to income tax, and withdrawals before age 59½ may be subject to a 10% federal tax penalty.