BETTER
PARTICIPANT
OUTCOMES
A New Asset Class to Deliver Great Value
EXPLORE TARGET DATE FUNDS WITH LIFETIME INCOME BUILDER
Simply stated, a target date fund with Lifetime Income Builder offers more. Our patent-pending design embeds Lifetime Income Builder directly into the portfolio, preserving the growth, liquidity, and control participants expect. Starting with a fixed indexed annuity (FIA) chassis that includes a guaranteed lifetime withdrawal benefit (GLWB), we engineered Lifetime Income Builder to function like any other investment, and in the process created a new investment asset class of its own.
MORE GROWTH AND INCOME OPPORTUNITY
Participants can achieve similar or better growth opportunity as traditional target date funds, and will receive 6% income in retirement.1
SIMPLE AND AUTOMATIC
Just like other target date funds, the participant experience is seamless and automatic to help avoid decision paralysis and confusion.
FLEXIBILITY AND CONTROL
Traditional income solutions lack liquidity and portability. Our design offers both – lifetime liquidity for the entire account value and portability between multiple recordkeepers and IRA providers.
DESIGNED WITH THE PARTICIPANT IN MIND
With their straightforward and user-friendly design, target date funds with Lifetime Income Builder eliminate any participant confusion and decision-making paralysis that more complex traditional in-plan income products may create. When the solution is offered as the plan’s qualified default investment alternative (QDIA) option, employee placement is automatic at enrollment. They only need to decide how much to contribute – the solution does all the rest.
Built to Benefit All Stakeholders
The solution’s efficient design doesn’t only benefit participants. Target date funds with Lifetime Income Builder also align 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?
Whether you are a representative from a financial institution or a financial professional looking to offer your clients innovative solutions, we look forward to helping you. Contact us today to learn how you can leverage Annexus Retirement Solutions to help build a more secure financial future.
1 The actual guaranteed lifetime income percentage may be higher or lower than 4.5%. Some versions set a fixed guarantee at the time of fund creation. Others have a targeted guarantee set at fund creation, but the actual guarantee is not determined until shortly before income payments begin and is based on fund performance.
Patent Pending
This website is intended for institutional retirement industry professionals.
• 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.
