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Products January 27, 2010
Guardian Investment Products Available for Cash Balance Plans
The Guardian Insurance & Annuity Company, Inc., announced that two
of its group retirement products can now be used to fund cash balance
plans.
Reported by Rebecca Moore
According to an 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.