Income America 5ForLife | Guaranteed Retirement Income Plan

Income that's guaranteed to last as long as your retirement does

Isn't it time to take the guesswork out of investing for retirement?

We think so. That’s why several industry leaders—historically longtime competitors—came together to create a revolutionary solution: Income America 5ForLife, a series of target date portfolios that provide guaranteed lifetime income. With Income America 5ForLife, a lifetime income guarantee of 5% per year, beginning at age 65, is built into the portfolios—offering protection against market uncertainty during retirement.



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Introducing an all-in-one retirement investment that provides retirees with 5% income for life—guaranteed


Enjoy knowing that all of your contributions and any market growth up to age 65 will be used to create a 5% guaranteed income for life


Contribute through payroll deductions, just like any other retirement investment


You can transfer your balance or withdraw your money, with no surrender fees or penalties


You can take your balance to another qualified plan or IRA and retain your guarantee

All in One
All in one

Combines a target date portfolio with guaranteed lifetime withdrawal benefit (GLWB)

Secure Act compliant
SECURE Act compliant

Helps fiduciaries meet ERISA 404 requirements

QDIA friendly
QDIA friendly

Can be used as a standalone QDIA or in combination with another QDIA

Platform agnostic
Platform agnostic

Allows for easy transition to another recordkeeper

Important information: Guarantees are subject to the claims-paying ability of the issuing companies.

The income guarantee is based on the income base at age 65, which is set to the greater of your market value or your contributions (less withdrawals) to date. The market value of your account is never guaranteed and fluctuates based on investment performance. While you can withdraw the market value of your account at any time without any fees or penalties, doing so will cause you to lose the income guarantee. Your income base is never available for withdrawal, but is only used for calculating your income.

You will be able to elect to receive income any time after age 65. If you elect the joint option, your payout will be lower than 5%, depending on your and your spouse's ages. If you withdraw more than the guaranteed annual income in any year, your income base and future guaranteed annual income will decrease. However, if your required minimum distribution exceeds your guaranteed income amount, your income base will not be affected and your payments will not be lowered.

When you turn age 65 and at the time you elect to receive income, you must be invested in the 5ForLife In Retirement portfolio, and investment exchanges will be automatically implemented from any other 5ForLife portfolio to the 5ForLife In Retirement portfolio. If you make investment exchanges out of any 5ForLife portfolio, you may not make an investment exchange back into any 5ForLife portfolio within 90 calendar days.

You may be able to roll over your balance to another retirement plan that offers Income America 5ForLife and retain the income guarantee, or to an IRA or plan that offers an option to retain the income benefit base and payout rate; however, the retirement plan or issuing insurer's IRA solution may have different investments, fees, and other features.

Income America 5ForLife: A unique collaboration

American Century Investments logo

Lincoln Financial Group logo

Nationwide Financial logo

Wilmington Trust logo

SS&C logo

Wilshire logo

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