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Leading Retirement Firms Launch "Income America" With In-Plan Target Date Series And A Lifetime Income Guarantee


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KANSAS CITY, Mo., March 3, 2021 /PRNewswire/  A consortium of leading retirement firms that includes American Century Investments,Lincoln Financial Group, Nationwide, Prime Capital Investment Advisors, SS&C Technologies, Wilmington Trust, N.A. and Wilshire today announced the launch of a new in-plan target date series with guaranteed income for life designed to help retirement plan participants transition from the accumulation phase of retirement investing to the decumulation stage. Called Income America
TM 5ForLife, this new solution, which is designed to be used as a plan s Qualified Default Investment Alternative (QDIA), strives to address one of the most pressing issues for those at or near retirement: the need for guaranteed monthly retirement income. ....

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Avantis Investors Launches its First Fixed Income Mutual Funds


Avantis Investors Launches its First Fixed Income Mutual Funds
Avantis Investors Launches its First Fixed Income Mutual Funds
KANSAS CITY, Mo., Feb. 24, 2021 /PRNewswire/  Following the launch of its first three fixed income exchange traded funds (ETFs) over the past few months, Avantis Investors, a $3.5 billion investment brand from global asset manager American Century Investments, today announced the launch of its first low-cost, broadly diversified fixed income mutual funds: Avantis
® Core Municipal Fixed Income (AVMUX), Avantis
® Core Fixed Income (AVIGX) and Avantis
® Short-Term Fixed Income (AVSFX). These funds, available in Institutional Class shares, have the same strategy as their corresponding ETFs, which trade on the NYSE Arca, Inc. – AVMU, AVIG and AVSF ....

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