Press Release

Income America Recognized as In-Plan Retirement Income Product/Service of the Year at the WealthManagement.com 2024 Industry Awards

Issued by American Century Investments

Oct. 3, 2024

Overland Park, KS -- Income America has been recognized as In-Plan Retirement Income Product/Service of the Year at the WealthManagement.com 2024 Industry Awards (the "Wealthies").

Income America was honored for its groundbreaking in-plan retirement income solution, Income America™ 5ForLife, a bank collective fund for which Great Gray Trust Company, LLC is the trustee. Income America 5ForLife offers participants a 5% annual lifetime income guarantee starting at age 65, providing protection against market uncertainty during retirement.

"I am deeply honored to accept the Wealthie for In-Plan Retirement Income/Product Service of the Year on behalf of the remarkable consortium of partners behind Income America," said Matthew Wolniewicz, President of Income America, LLC*. "This award reflects our unwavering commitment to providing hardworking Americans with guaranteed income in retirement, allowing them to stop worrying about outliving their savings as they fully embrace their golden years."

Now in its 10th year, the WealthManagement.com Industry Awards

is the only awards program to honor outstanding achievements by companies, organizations and individuals that support financial advisors—and their clients. This year, over 1,000 entries were received from more than 400 companies. Income America was selected as the winner by a panel of independent judges made up of industry leaders who evaluated finalist initiatives based on quantitative (e.g., scope, scale, adoption, and feature set) and qualitative (innovation, creativity and new methods of delivery) measures.

"It's gratifying to see Income America receive this recognition," said Rick Luchinsky, senior vice president and head of Personal Financial Solutions & Workplace Retirement for American Century Investments. "We have much to do in our industry to help people live comfortably in retirement, and we believe Income America is an exceptional avenue to help deliver this outcome."

About Income America

Several industry leaders—including American Century Investments, Lincoln Financial Group, Nationwide^®, SS&C Technologies, Great Gray Trust Company, LLC, and Wilshire Advisors LLC—came together to create a revolutionary retirement solution: Income America 5ForLife, a series of investments that provide guaranteed lifetime income. Designed to help retirement plan participants save for a more secure future, Income America 5ForLife is an innovative, unbiased, multi-insured, in-plan retirement income solution. With Income America 5ForLife, participants can contribute through convenient payroll deductions while they're working and enjoy protection against market uncertainty during retirement.

About WealthManagement.com

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