Gainbridge®, through its Group 1001 affiliate, announced a partnership with RetireOne, the leading independent platform in the annuity marketplace for registered investment advisors (RIAs). RetireOne, an outsourced insurance desk, provides RIAs and their customers valuable solutions that are simple to use, easy to understand, and delivered with outstanding service. RIAs now have platform access to two of Gainbridge®’s high-yield multi-year guaranteed annuity (MYGA) products – FastBreak™1 and SteadyPace™2,3.
With this partnership, RetireOne is the first outsourced insurance desk with a non-tax deferred annuity product (FastBreak™) among their offerings to clients.
“Partnering with RetireOne aligns with our mission to empower advisors with products that offer both innovation and value,” said Gainbridge® President Justin Wee. “The annuity products issued through Gainbridge Life can help provide advisors with the tools they need to help their clients achieve financial security and growth.”
FastBreak™ and SteadyPace™ feature fixed rates as high as 5.50% APY4, enabling advisors to enhance their clients’ portfolios with reliable, high-return options.
- FastBreak™: As the industry’s first non-tax deferred annuity product, FastBreak™ allows clients to withdraw funds prior to retirement without the early withdrawal tax penalty associated with traditional MYGAs. This product appeals to a broader range of consumers. FastBreak™ offers a yield 3.8 times higher than the average certificate of deposit (CD)5 while maintaining the fixed rates and principal protection that MYGAs are known for.6
- SteadyPace™: SteadyPace™ offers the benefits of a traditional MYGA, including tax deferral and principal protection, making it a secure addition to any retirement portfolio. With this product, RetireOne can offer their clients higher yields than previously available.
“Gainbridge Life offers multi-year guaranteed annuity products that are a game-changer for our advisor network,” said RetireOne President, Jeff Cusack. “With SteadyPace™ and FastBreak™, our clients can access some of the highest yields in the industry, coupled with the security and principal protection they expect.”
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