One of the key challenges plan fiduciaries may encounter is terminating a retirement plan because of a merger or acquisition. What happens in this situation, why is it such a common issue, and how can advisors help?

Pete Welsh, Managing Director of Retirement and Wealth at Inspira Financial, joins American Retirement Association Chief Content Officer John Sullivan to answer these questions and more.

Sponsored by Inspira Financial

Matt Stubblefield from Allianz Life Insurance Company of North America and Tina Wilson from Empower joins John Sullivan for this episode of the Executive Interview.

Matt shares Allianz's latest research insights into participant attitudes and preferences surrounding this vital aspect of retirement planning. Tina provides firsthand experiences from implementing guaranteed lifetime income offerings on the Empower platform.

Together, they discuss the future adoption and evolution of guaranteed lifetime income within retirement plans.

--

The Allianz Center for the Future of Retirement produces insights and research as part of Allianz Life Insurance Company of North America (Allianz).

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

U.S. Bureau of Labor Statistics January 2022

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

This content is for general educational purposes only. It is not intended to provide fiduciary, tax, or legal advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Allianz Life Insurance Company of North America, its affiliated companies, and their representatives and employees do not give fiduciary, tax, or legal advice. Allianz does not provide financial planning services.

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

Allianz Life Insurance Company of North America is not affiliated with Empower

Allianz Life Insurance Company of North America is not affiliated with NAPA

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

For institutional use only - not intended for use with the public.

Why is portability so important for retirement plan participants? And how does it apply to in-plan guaranteed lifetime income solutions like annuities?

We speak with Gordy Stead, Director of Institutional Sales at Allianz Life Insurance Company of North America. He joins us to discuss the importance of portability in retirement savings as we explore the unique challenges and considerations when it comes to in-plan guaranteed lifetime income solutions.

**

Disclosure

Research cited in this podcast:

• Allianz Life conducted an online survey, the 2024 3Q Quarterly Market Perceptions Study, in August 2024 with a nationally representative sample of 1,005 individuals age 18+.
• U.S. Bureau of Labor Statistics, January 2022
• Trends in Public-Sector Employee Tenure, 2000-2022, Public Retirement Research Lab, 2022

Allianz Life Insurance Company of North America has been keeping its promises since 1896 by helping Americans achieve their retirement income and protection goals with a variety of annuity and life insurance products.

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

Allianz Life Insurance Company of North America is not affiliated with NAPA

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