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Matt Wolniewicz Discusses The Year Of In-Plan Annuities | Episode 168 of That Annuity Show


Many people will experience shock when they open their 401(k) statements this year. Will the growing awareness of market risk open the doors for more in-plan annuity offerings in 2023? Today, we explore the challenges and opportunities of creating income protection inside 401(k) plans with Matt Wolniewicz, President at Income America. Links mentioned: We create audio and video content for professionals who share a passion for advancing the retirement industry. Approximately 80% of our audience are top advisors or independent agents who help consumers plan for retirement. Approximately 10% work at carriers in product management, distribution, and compliance. Industry influencers account for approximately 10%. We want to help every independent agent be successful in explaining the benefits of annuities. And there are many. They can protect retirement nest eggs from market downturns. They can generate predictable income in retirement. They can even offer several benefits in case of serious illnesses. However, the products can be very complicated. And discussing tough topics about retirement lifestyle can be tricky. At the same time, we work in a highly regulated industry. We frequently sell our products to seniors. And the laws seem to change all the time. How do we effectively build our practice and remain compliant with all rules? This information is provided by Nassau for educational purposes only. It is not individualized to address any specific financial objective and is not intended as investment, legal or financial advice. Any links or references to third-party information or websites is for informational purposes only. Nassau has no control over such third-party information or websites, is not responsible for their availability or accuracy, and does not endorse and is not responsible or liable for any content, advertising, products, or other materials on or available from them. Your access to or use of such sites or resources is at your sole risk....(read more)



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Ep 168 of That Annuity Show is an informative and lively discussion centering on one of the most important trends in the annuity world - the emergence of in-plan annuities. Hosts Mark Forman and Tom Yeung are joined by guest expert Matt Wolniewicz, Vice President of Product Development and Strategy at AXA US, to discuss the ins and outs of in-plan annuities and what investors need to know about this important development. The episode begins with a brief overview of what in-plan annuities are and why they are gaining traction in the retirement investment world. Wolniewicz explains that in-plan annuities are essentially annuity products that are included within a qualified retirement plan, such as a 401(k), 403(b), or IRA. This allows investors to access the benefits of annuity products in a tax-efficient and cost-effective manner, while also simplifying the retirement planning process. Wolniewicz goes on to discuss some of the key advantages of in-plan annuities, including their ability to provide lifetime income streams and downside protection for investors. He also notes that in-plan annuities offer a number of tax advantages, such as the ability to defer taxes on any gains until the annuity payments are received. The hosts and Wolniewicz go on to discuss some of the challenges and considerations that investors should keep in mind when considering in-plan annuities. One key consideration is the complexity of some annuity products, which can make them challenging for investors to understand and evaluate. Wolniewicz notes that it is important for investors to work with a financial advisor to ensure they are choosing the right annuity product for their needs. Another potential challenge with in-plan annuities is that they may not be available in all retirement plans. However, Wolniewicz notes that many employers are now beginning to include in-plan annuity options, spurred in part by the SECURE Act of 2019, which included provisions to make it easier for plan sponsors to include annuities in their retirement plans. Overall, Ep 168 of That Annuity Show provides a comprehensive and informative overview of in-plan annuities, including their benefits, challenges, and considerations. Investors who are approaching retirement or looking to simplify their retirement planning process should definitely check out this episode. https://inflationprotection.org/matt-wolniewicz-discusses-the-year-of-in-plan-annuities-episode-168-of-that-annuity-show/?feed_id=87641&_unique_id=6438f4ef03314 #Inflation #Retirement #GoldIRA #Wealth #Investing #annuities #MattWolniewicz #PaulTyler #RamseySmith #ThatAnnuityShow #RetirementAnnuity #annuities #MattWolniewicz #PaulTyler #RamseySmith #ThatAnnuityShow

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