Many academic and nonprofit retirement plans still have individual annuity contracts (IACs), such as TIAA Traditional and similar options with Lincoln Financial, VOYA, VALIC and Mutual of America. IACs are outdated and don’t meet today’s fiduciary standards or employee needs, so many employers are moving to open architecture investment platforms with enhanced services.
This webinar will help you identify IACs within your current plan, their 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 protection
• A substantially wider range of investment options
• Improved service
• Enhanced plan education, including individual investment guidance
for plan participants