Driving Success: Why Plan Sponsors Should Prioritize Retirement Income Solutions PSCA Executive Interview podcast

Driving Success: Why Plan Sponsors Should Prioritize Retirement Income Solutions

2M ago 12:44

Content provided by Plan Sponsor Council of America. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Plan Sponsor Council of America or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode, we explore the importance of retirement income for plan sponsors in today's uncertain economic landscape.

Joining us are Gordy Stead, Head of Institutional Sales, and Danielle Kelso, Senior Institutional Solutions Consultant from Allianz Life Insurance Company of North America (Allianz). They provide insights into the role of guaranteed lifetime income options, such as fixed index annuities (FIAs), in offering stability and growth potential.

By exploring the different retirement income products and considering the specific needs of participants, plan sponsors can gain guidance on making informed decisions for their retirement plans.

Disclosure

Research Cited- The State of Lifetime Income: Participant Survey, conducted by Allianz in November 2024 with a nationally representative sample of 2,488 respondents aged 18+ who are currently contributing to an employer-sponsored retirement plan.

Fixed index annuities are designed to meet long-term needs for retirement income. They provide guarantees against the loss of principal and credited interest and the reassurance of a death benefit for beneficiaries.

Increasing income potential may be provided through either built-in or optional riders that may be at an additional cost.

With the purchase of any additional-cost riders, a fixed index annuity contract's values will be reduced by the cost of the rider. This may result in a loss of principal and interest in any year in which the contract does not earn interest or earns interest in an amount less than the rider charge.

Guarantees are backed solely by the financial strength and claims-paying ability of the issuing insurance company.

Allianz Life Insurance Company of North America (Allianz), 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. 800.542.5724 www.allianzlife.com

Allianz Life Insurance Company of North America does not provide financial planning services.

Allianz Life Insurance Company of North America is not affiliated with PSCA.

For plan sponsor use only - not intended for use with the public.

2 episodes