GRIP RETIREMENT SM, LLC
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GRIPRetirement.com
A Guaranteed Retirement Income Program for pension and qualified rollovers.
 

Plan Participant
Plan Sponsor
Third Party

 


Our Mission

It is simple! Providing the plan participant with the highest guaranteed income for the rest of their life from the most secure and financially strong financial institutions. As a completely independent entity, GRIP Retirement will provide an impartial recommendation based on pricing and carrier strength.

Company Profile:

GRIP focuses on the fact that tomorrow’s needs may change.  GRIP’s commitment to addressing these needs is today’s business.  We offer the most innovative and aggressively priced products that will provide the plan participant with guaranteed income for his/her lifetime. Our mission is to be the product platform of choice for plan participants as they approach retirement age. 

We understand that the concept of “one size fits all” does not apply to the retirement market.  We have committed resources that can provide step by step information on converting accumulated wealth into lifetime income and assist with the implementation of the transition.

Our website is set up to be easily navigated by the plan participant. We have provided numerous planning tools designed to assist you with the selection process.

Our Call Center is overseen by experienced retirement income professionals who are available to the plan participant, at no charge, to discuss their needs to ensure that the appropriate product is selected.

Choice of product and issuer are important facets of GRIP. Constant market surveillance of these components ensures that the plan participant will have access to the most current, safe and advantageous offerings available.

Institutional retirement income for life illustrations: 11/01/2011

Gender / Age 

Monthly Income

Annual Percentage Return P&I

Tax Free Portion
Male 60 $490.71 5.88% 64% Tax Exclusion
Male 65 $539.52 6.47% 68% Tax Exclusion
Male 70 $602.72 7.23% 71% Tax Exclusion
Male 75 $684.21 8.21% 76% Tax Exclusion
Male 80 $732.84 8.79% 85% Tax Exclusion
Male 85 $830.31 9.96% 87% Tax Exclusion
Gender / Age 

Monthly Income

Annual Percentage Return P&I

Tax Free Portion
Female 60 $465.49 5.59% 66% Tax Exclusion
Female 65 $508.90 6.11% 72% Tax Exclusion
Female 70 $567.45 6.81% 74% Tax Exclusion
Female 75 $646.81 7.75% 78% Tax Exclusion
Female 80 $701.87 8.42% 90% Tax Exclusion
Female 85 $813.50 9.76% 91% Tax Exclusion
Gender / Age 

Monthly Income

Annual Percentage Return P&I

Tax Free Portion
Male 65 / Female 60 $465.88 5.59% 64% Tax Exclusion
Male 70 / Female 65 $497.63 5.97% 69% Tax Exclusion
Male 75 / Female 70 $537.92 6.46% 74% Tax Exclusion
Male 80 / Female 75 $589.67 7.08% 80% Tax Exclusion
Non-Life Fixed Period ONLY ($100,000 Premium)

Monthly Income

Guaranteed Total Return Over Term Tax Free Portion
5 Year Certain ONLY $1,675.16 $100,507.20 99% Tax Exclusion
10 Year Certain ONLY $917.16 $110,059.20 90% Tax Exclusion
15 Year Certain ONLY $670.54 $120,697.20 82% Tax Exclusion
20 Year Certain ONLY $565.40 $135,696.00 73% Tax Exclusion
25 Year Certain ONLY $499.71 $149,913.00 66% Tax Exclusion
30 Year Certain ONLY $459.52 $165,427.20 60% Tax Exclusion
35 Year Certain ONLY $416.58 $174,963.60 57% Tax Exclusion
40 Year Certain ONLY $381.60 $183,168.00 54% Tax Exclusion

Annual Percentage Return P&I: This is the annual percentage needed in any other vehicle to guaranteed the same income without out ever running out of money! 

Quotes may vary in some states due to state premium taxes.

Various Insurance Companies Rated (A+ or A) By A.M. Best
Based on $100,000 - Life With Installment Refund - Non Premium Tax State
Payment will remain the same for LIFE!

Request a quote

Fixed Annuity Information:

A. Rated Immediate Annnuity
B. Gearing up for retirement
C. Deferred Start Immediate Annuity
D. Sample SPIA Quotes
E. Using Immediate Annuities to fund Life Insurance
F. Deferred Annuity Interest Rates
G. Licensed Life Insurance Agent Services
H. About Fixed Index Annuities

 

Call 800-373-9697 for assistance
 

 

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Copyright © 2005 GRIP Retirement LLC
Last modified: 04/08/08