Your savings are invested in funds managed by top tier managers
The funds are efficient and balance growth and capital preservation
You receive a monthly statement with the one number you care about – a guaranteed paycheck
Your retirement paycheck can only increase over the years. Never decline
As you add saving your retirement paycheck grows
Pre retirement you can add or withdraw funds without a penalty
You can take the fund with you as you switch jobs. Your benefits are unaffected
If you elect to receive a pension:
You exchange your fund with a pension provided by an insurer
If you don’t elect a pension you can do with your funds as you wish
Eric holds a PhD in mathematics from NYU, and worked as a risk manager, structurer and quantitative analyst for major U.S. banks.
Yoav holds an MBA from Stanford University, and worked as a portfolio manager and risk manager for major U.S. insurance companies and banks.
If you are a Defined Contribution plan sponsor we would love to engage with you
Smart Target Date Fund is at the core a target date fund that over time shifts assets from equity to fixed income following a glide path. The difference is that Smart Date funds shifts money from equity to fixed income as the equity market does well but not vice versa. A standard target date fund shift money back and forth to get back to its glide path
A Smart Target Date Fund is designed to work efficiently with our guarantees. It also meets Department Of Labor criteria for Qualified Default Investment Alternative
Gannuity splits retirement risk and places market risk in a fund, not with an insurance company. This split is key to reducing the cost of providing our product. Gannuity also places the longevity risk among several insurance companies. This competitive process improves the rate retirees get and diversifies their long term exposures to several insurance companies. Lastly, Gannuity monitors daily that funds comply with stated asset allocation policies.
Gannuity charges an annual fee of 0.15% of assets it manages.
Top tier insurance companies
Gannuity deals only with top tier insurance companies. We ensure that customers are diversified among several insurance companies. Lastly, there are State funds that guarantees customers in case of an insurance company failure.