PSCA Offers Access to Annuity Solution

The Profit Sharing/401k Council of America (PSCA) is offering the Hueler Income Solutions platform to its plan sponsor member companies.

PSCA plan sponsor member companies will be able to provide information about having a fixed payment stream in retirement to interested employees. The Hueler solution includes a Web-based annuity purchasing option that allows employees to compare income annuities from leading insurance companies. This annuity purchasing portal includes an education component but does not include access to guidance.   

The Hueler Income Solutions platform is designed for individuals seeking a fixed stream of income in retirement to augment their investment holdings, workplace retirement plan savings, and Social Security benefits. It allows retirement plan participants to obtain customized quotes on a real-time basis and evaluate directly comparable contracts from multiple companies.   

Annuity quotes through the platform will be competitive due to competition and the low, fully disclosed, transaction fee. PSCA will not receive any remuneration in the event a plan participant chooses to purchase an annuity through the Hueler platform.    

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