Top Five Reasons Why the Time is Right to Annuitize
Many companies including International Paper and FedEx, says the Wall Street Journal’s – CFO Journal, are taking advantage of the unique factors making now an ideal time to annuitize. Transferring plan liabilities to insurance companies through an annuity purchase is an effective way to decrease risk and reduce costs, and today’s market is an especially advantageous climate for the annuity-seeker.
De-risk your plan at optimal rates
Reduce your PBGC costs
Reduce your overall liability
Reduce your plan administration costs
Plan administration fees can be costly, and a greater number of participants means a larger investment in plan administration overall. In addition to saving on PBGC premiums and reducing liability, annuitizing can also mean significant savings on plan administration charges.
Capitalize on investment gains
We are currently in the longest running bull market in history. Given recent investment volatility, now may be a good time to lock in positive investment gains for your plan.
Annuitizing leads to lower risks, lower costs, and lower demands on resources– and now is a great time to get started. Discover what to look for when selecting an annuity provider, and contact us to learn more.