Financial Professionals, Advisors | Guaranteed Income Providers

Why Income America^™ 5ForLife for your clients?

With the passage of the SECURE Act, more plan sponsors are seeking guaranteed income solutions. Income America 5ForLife offers a unique model: a portable, nonproprietary, multi-manager, and multi-insured retirement income collective trust (RICT).

ERISA 3(38) fiduciary uses strict criteria to select only the strongest insurers, glide path manager, and asset class managers

Includes guaranteed income providers with S&P life insurance company ratings of A or better

Qualifying providers are selected based on cost/fees

Plan sponsors' top concerns

While an increasing number of plan sponsors are seeking to adopt lifetime income solutions, they have concerns:

say they're too
administratively complex

say fees are too high

say current products are too complex or unproven

worry that participants may face portability restrictions

say fees are not sufficiently transparent

Source: Willis Towers Watson 2019 Lifetime Income Solutions Survey

We've collaborated to deliver a powerful solution
	Investment advisor fiduciary under ERISA 3(21) Responsible for recommending glide path manager, guaranteed lifetime withdrawal benefit providers, underlying fund products, and stable value product offerings to the trustee from an investment universe selected by the product consultant for each category
	Target date glide path manager and underlying sub-asset class manager
	Guaranteed lifetime withdrawal benefit providers Stable Value (fixed account) DC plan recordkeepers
	Trustee and investment manager fiduciary under ERISA 3(38)
	Provides the Retirement Income Clearing and Calculation Platform (RICC), a middleware application designed to facilitate the efficient distribution and servicing of in-plan guaranteed income products across various recordkeepers and participating insurers.