Employers and Plan Sponsors

 A group unallocated annuity is a type of annuity contract purchased by an employer or an organization on behalf of a group of individuals, typically employees or members of an association. The funds contributed to the annuity are pooled together and managed collectively. The employer or organization is responsible for funding the annuity and may offer it as part of a retirement or pension plan. 

Guaranteed lifetime income is a feature available in some annuities that provides a stream of income payments for the annuitant's lifetime, regardless of how long they live. This feature offers financial security by ensuring a regular income stream even after retirement. 

 Employer annuities refer to annuity contracts that are provided by an employer to their employees as part of their retirement benefits or pension plan. These annuities are typically funded by contributions made by both the employer and the employee over the course of the individual's employment. The employer may offer various annuity options to employees to help them save for retirement and provide income in their post-employment years.