About Micruity
Micruity: Empowering Lifetime Income Products in Retirement Plans
Micruity is a leading technology company that specializes in powering lifetime income products in retirement plans. The company has developed a unique platform that enables all stakeholders to share data through a single secure connection, making it easier for individuals to plan and manage their retirement income.
With the increasing number of baby boomers reaching retirement age, there is a growing need for innovative solutions that can help them achieve financial security during their golden years. Micruity's platform provides an efficient and effective way for employers, plan sponsors, advisors, and participants to collaborate on creating customized lifetime income solutions.
The Micruity platform is designed to be user-friendly and intuitive, with features such as personalized projections of future retirement income streams based on individual goals and preferences. This allows participants to make informed decisions about how much they need to save and invest in order to achieve their desired level of retirement income.
One of the key benefits of Micruity's platform is its ability to integrate with existing recordkeeping systems used by employers and plan sponsors. This means that participants can access all their retirement account information from one central location without having to log into multiple systems or remember different passwords.
In addition, Micruity's platform offers a range of investment options designed specifically for generating lifetime income streams. These options include annuities, managed payout funds, target date funds with guaranteed minimum withdrawal benefits (GMWBs), among others.
Micruity also provides comprehensive support services for advisors who work with clients on planning their retirement income strategies. Advisors can use the platform's tools and resources to create customized proposals based on each client's unique needs and preferences.
Overall, Micruity is revolutionizing the way people think about planning for retirement by providing innovative solutions that empower individuals with greater control over their financial futures. With its cutting-edge technology and commitment to customer service excellence, Micruity is poised for continued growth and success in the years ahead.