AimPoint Pension
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Compass
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Fiduciary Considerations for Insured Retirement Income Products: Focus on Guaranteed Withdrawal Benefits (PDF)
Institutional Retirement Income Council [IRIC] Aug. 23, 2011
The new GMWB products consist of an investment option ? typically, a balanced fund (e.g., a lifestyle fund) or a target date fund ? together with a guaranteed minimum withdrawal benefit. A GMWB guarantees a specified level of benefits for life if a covered participant exhausts his retirement savings.
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