Building a Bridge to Retirement Income

Broadcast Retirement Network's Jeffrey Snyder discusses evaluating and implementing status income products with SS&C Technologies' Ryan Grosdidier and Income America's Matthew Wolniewicz, AIFA.

Jeffrey Snyder, Broadcast Retirement Network

This greeting connected BRN retirement, gathering the span to status income, portion 1 of our conversation, joining maine present to sermon this Ryan Grosdidier of SS&C Technologies and Matthew Wolniewicz, AIFA, Income America, LLC. Ryan, ever large to spot it. Matt, large to spot you arsenic well.

Welcome to the program.

Ryan Grosdidier, SS&C Technologies

Thanks for having us, Jeff.

Jeffrey Snyder, Broadcast Retirement Network

Ryan, it's ever large to spot you. And I cognize we're going to speech astir gathering this span for status income, but I thought possibly I'd commencement disconnected by asking you, wherever bash things basal contiguous with the adoption of status income products successful our status system?

Ryan Grosdidier, SS&C Technologies

I deliberation it's an breathtaking time, Jeff. We proceed to determination forward. There are ample grounds keepers that are continuing to physique retired programs.

And there's conscionable a batch of activity. I deliberation we're continuing to absorption connected education. So whether it's educating advisors, educating consultants, program sponsors, and adjacent grounds keepers arsenic they signifier their programs.

I deliberation that moving a supplemental savings program to a existent status income program conscionable doesn't hap overnight. So I cognize the naysayers volition continually say, oh, there's nary adoption, there's nary adoption. The adoption is happening.

But arsenic much infrastructure is built retired successful the industry, that volition lone accelerate.

Jeffrey Snyder, Broadcast Retirement Network

Retirement manufacture is benignant of glacial. So things hap implicit time. And you tin look backmost astatine different products and your people time funds and different areas that implicit clip proceed to germinate and turn and present person a important practice successful status plans.

Matt, ever large to spot you. Thanks for joining america arsenic well. I tin archer you that I person my telephone present and my telephone gets blown up with alerts of caller products, status income products each day.

I accidental yours and Ryan's bash arsenic well. Are these products disposable crossed the grounds keeping platforms?

Matthew Wolniewicz, AIFA, Income America, LLC

Jeff, they've go much disposable arsenic clip goes on. 2024 has really been a truly large year. We've had announcements from truly 2 of the largest grounds keepers, some Fidelity and Empower, introducing their suite of solutions.