Available exclusively through the Aria platform, our RetireOne solution provides the many benefits of a variable annuity with a living benefit: guaranteed lifetime income and annual lock-ins and step-ups – all without the typical downside of high surrender charges, limited underlying fund options, and base mortality and expense charges. Even better, you don’t have to transfer underlying assets to the insurer!
Based on the stand-alone living benefit (SALB) product design, RetireOne wraps an income guarantee around a portfolio of underlying assets that RIAs create and actively manage. You have a wide choice of top-quality mutual funds and ETFs for allocation, with the ability to customize each account. Assets are not placed in “sub-accounts” or “variable insurance trusts” – clients are invested in the actual mutual funds and ETFs.
Aria’s RetireOne offers many advantages over existing options:
- Locked-in guaranteed lifetime retirement-income stream that will never decrease but can increase based on account performance and/or interest rates
- Low-cost, no-load structure
- Annual step-ups that occur with positive market performance
- Full liquidity available at all times with no surrender charge
- Exclusive underwriting by highly rated insurers
Extremely wide investment latitude for tactical allocation lets you employ a range of strategies and adjust exposure to risk. Like the Queen in chess, RetireOne gives you the power to move in many directions to achieve your client’s retirement objectives. It’s the guaranteed-income piece that’s been missing from your practice!