"2021 In-Plan Insights Survey of Plan Participants," Greenwald Research, https://greenwaldresearch.com/plan-participants-want-options-that-generate-retirement-income-in-their-workplace-retirement-plans/ (November 2021).
 "2020 Workplace Wellness Study," EBRI, ebri.org/docs/default-source/ebri-press-release/pr-1270-wws2020-30sept20.pdf (Sept. 30, 2020).
 "New study: 8 in 10 retirement plan sponsors say participants want guaranteed lifetime income investment options," news.nationwide.com/plan-sponsors-say-participants-want-guaranteed-lifetime-income/ (Sept. 10, 2021).
Group annuity contracts are purchased from a life insurance company. They are designed for long-term retirement goals. All contract guarantees, including those for guaranteed income, are funded from the issuing insurance companies’ general accounts and are subject to the claims-paying ability of the issuing insurance companies. Transfers out of the contract to other funding providers are subject to restrictions.
Products are issued by Nationwide Life Insurance Company.