The first strategy focuses on straightforward RIGs that can currently be made available in DC plans, including single premium immediate annuities (SPIAs), guaranteed lifetime withdrawal benefit (GLWB) annuities, and systematic withdrawal plans
(SWPs) using invested assets.
They see the GMWB as similar to systematic withdrawal plans
, which are something with which people are already familiar," she adds.
Among all plan sponsors, the most popular distribution options at retirement are installment payments (61%), systematic withdrawal plans
(46%) and lifetime annuity payments (24%).
Regular dividend payouts can be replaced by systematic withdrawal plans
(SWPs) under which the investor can choose the frequency and quantum of regular payments.
And, in the income phase, the lump sum payouts, systematic withdrawal plans
and annuitization features are attractive.
stated, "Investar*ONE delivers all the features and functions that our mutual funds clients need in today's competitive retail market, including multiple account 'grouping' options, multiple systematic withdrawals, automatic directed distribution, and RMD life expectancy calculations via systematic withdrawal plans
On the other hand, Rs 5,000 a month will flow out from the Income Generator portfolio through systematic withdrawal plans
in each fund.
Exchange, sell or buy additional shares -- Update automatic investment plans and systematic withdrawal plans
-- Change address and distribution options -- Order money fund checks