Retirement Income Options from Equitable Life
If you have clients who are reaching retirement age and have a Retirement Savings Plan or locked-in funds from a previous employer, the government requires them to convert these plans by December 31 of the year they turn 71.
If your client is converting a plan, ask them about other existing assets. This is a great opportunity for your client to consolidate assets from other providers; and for you to discuss a lower management fee through Equitable Life’s Pivotal Select Preferred Pricing Program.
For more information on the options available for clients who are reaching retirement age and the advantages of each, check out the following materials.
- When it is time to convert your RSP to a RIF
- Converting your savings into retirement income
- Retirement Income Fund Understanding minimum withdrawal percentages
To learn more about Equitable’s Preferred Pricing Program, please click here.