Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Guardian Investment Products Available for Cash Balance Plans
According to the announcement, The Guardian Choice and The Guardian Advantage are available as funding vehicles for cash balance plans.
Several options are available under The Guardian Choice and The Guardian Advantage that can help clients construct an investment portfolio to meet the funding obligations for their cash balance plan, including a traditional fixed rate option, variable investment options across the risk/reward spectrum, and a strategically managed option advised by Stadion Money Management, Inc.
“Offering a variety of investment options under our group retirement products allows clients to design an investment portfolio that is diversified and that helps them achieve their funding obligations under their plan,” said Dennis Mosticchio, Senior Vice President, Retirement Solutions, in the announcement.
More information is at http://www.guardianlife.com.
You Might Also Like:
The Factors at Play in IBM’s Shift to a Cash Balance Plan Reviewed
Administration Basics: What Is a Strategic DB Plan Termination?
More Retirement Plan Sponsors Turning to Cash Balance Plans
Small business continues driving cash balance growth, with 92% of cash balance plans in place at firms with fewer than...
« PLANSPONSOR Announces Finalists for Retirement Plan Adviser and Adviser Team of the Year Awards