Press Release

DIETRICH Direct Quote Online Lifetime Income Quote Calculator marks 20 years

Issued by Dietrich

Nov. 18, 2024

The DIETRICH online annuity calculator (DDQ) tool has provided thousands of plan sponsors, advisors and retiring participants with institutionally priced guaranteed income annuity quotes from top rated Department of Labor 95-1 compliant insurance companies over the past 20 years. Quotes are instant and direct from insurance company quote calculator engines.

Today many 401k plan sponsors are looking to add guaranteed income options to 401k plans to improve retiree outcomes and to replace lifetime income benefits lost when their pension plan was terminated or frozen.

Whether a plan participant wants to learn how much life income they can purchase with a portion of their 401k plan balance or, on the other hand, need to fill a retirement income “gap” they have relating to their monthly expenses, the DDQ calculator provides easy to follow instructions and educational information on the various annuity options available to them.

For plan sponsors interested in transferring the pension risk of the legacy retiree group, DDQ has the capability to provide “bulk” group annuity retiree quotes instantly, anonymously and by participant segment selected. Once the census data is uploaded via a secure portal into the DDQ system, instant quotes can be provided which allows the plan sponsor immediate access to current market costs to transfer plan obligations opportunistically.

Other benefit plan obligation applications for institutional annuities include; Non-Qualified Executive Benefit Plans, IRA rollovers from 401kplans and Retiree Medical Plans.

About DIETRICH

DIETRICH has specialized in the institutional pension annuity market for 45 years. As a leader in this market, they have successfully managed more than 3000 pension plan termination and pension risk transfer transactions representing more than $ 30 billion in retirement benefit payments. In the past two years, DIETRICH has transferred nearly a $1 Billion in pension obligations for more than 120 pension plans representing 10% of total U.S. market for institutional PRT annuity placements.

For more information about DIETRICH institutional annuity services visit DietrichAnnuity.com

To sign up for the DDQ quote system contact login@dietrichannuity.com.

To schedule a call to discuss your specific benefit obligation email Geoff Dietrich, Executive Vice President at geoff.dietrich@dietrichannuity.com or call direct to 610-279-9455 x120.

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