Many nonprofit retirement plans still have individual annuity contracts (IACs) with TIAA, Lincoln Financial, Mutual of America, VOYA and VALIC. While these legacy contracts do have their appeal for certain plans and participants, many employers are moving to institutionally owned, open architecture investment platforms with enhanced services.
This webinar will help you identify IACs within your current plan, their value and limitations, and solutions that are available to upgrade your plan.
You will learn how to attain:
• A more current, competitive and compliant plan
• Greater fiduciary control
• A substantially wider range of investment options
• Improved service
• Enhanced plan education, including individual investment guidance for plan participants