Gainbridge® for Business and RetireOne® Partner to Offer Innovative Annuity Products to Registered Investment Advisors

Gainbridge^®, through its Group 1001 affiliate, announced today a partnership with RetireOne, the leading independent platform in the annuity marketplace for registered investment advisors (RIAs). RetireOne, an outsourced insurance desk, provides RIAs and their customers valuable solutions that are simple to use, easy to understand, and delivered with outstanding service. RIAs now have platform access to two of Gainbridge^®’s high-yield multi-year guaranteed annuity (MYGA) products – FastBreak™¹ and SteadyPace™^2,3.

With this partnership, RetireOne is the first outsourced insurance desk with a non-tax deferred annuity product (FastBreak™) among their offerings to clients.

"Partnering with RetireOne aligns with our mission to empower advisors with products that offer both innovation and value," said Gainbridge^® President Justin Wee. "The annuity products issued through Gainbridge Life can help provide advisors with the tools they need to help their clients achieve financial security and growth."

FastBreak™ and SteadyPace™ feature fixed rates as high as 5.50% APY⁴, enabling advisors to enhance their clients’ portfolios with reliable, high-return options.

FastBreak™: As the industry’s first non-tax deferred annuity product, FastBreak™ allows clients to withdraw funds prior to retirement without the early withdrawal tax penalty associated with traditional MYGAs. This product appeals to a broader range of consumers. FastBreak™ offers a yield 3.8 times higher than the average certificate of deposit (CD)⁵ while maintaining the fixed rates and principal protection that MYGAs are known for.⁶

SteadyPace™: SteadyPace™ offers the benefits of a traditional MYGA, including tax deferral and principal protection, making it a secure addition to any retirement portfolio. With this product, RetireOne can offer their clients higher yields than previously available.

"Gainbridge Life offers multi-year guaranteed annuity products that are a game-changer for our advisor network,” said RetireOne President, Jeff Cusack. "With SteadyPace™ and FastBreak™, our clients can access some of the highest yields in the industry, coupled with the security and principal protection they expect."

For more information, visit www.retireone.com.

About Gainbridge^®

Gainbridge®, through its affiliate, Group 1001 Insurance Marketing, LLC, provides an experience you can count on, with a team of industry experts focused on building the next generation of financial services, with products issued through Gainbridge Life Insurance Company (“Gainbridge Life”), a Group 1001 company, a highly trusted insurance carrier and is rated A-(Excellent) by AM Best.⁷ It offers simple, intuitive financial products with no hidden fees. For more information, visit https://www.enterprise.gainbridge.io.

About Group 1001

Group 1001 is a collective that empowers companies to create positive growth. Our insurance and annuities are easy to understand and accessible to all. Our online investing platform gives individuals control over their savings. Our technology and innovation help companies succeed. And our strategic partnerships bring people together through education and sports.

As of June 30, 2024, Group 1001 had more than 1,400 employees and combined assets under management of approximately $65.2 billion, serving more than 950,000 customers. It comprises the following brands: Delaware Life, Gainbridge^®, Clear Spring Health, Clear Spring Property and Casualty Group, Clear Spring Life and Annuity Company, and RVI Group, among others.

About RetireOne^®

Serving over 1,200 RIAs and fee-based advisors since 2011, RetireOne is one of the leading, independent platforms for fee-based insurance solutions. With offerings from multiple “A” rated companies, RIAs may access this fiduciary marketplace at no additional cost to them or their clients. Currently servicing over $1.8 billion of retirement savings and income investments, RetireOne continues to grow in its mission to provide advisors and their clients’ valuable retirement solutions that are simple to use, easy to understand, and delivered with outstanding service. Learn more at RetireOne.com.

¹ Because FastBreak™ earnings are not tax-deferred, you will not pay a tax penalty to withdraw interest before age 59½. It's important to note that should you make withdrawals from or surrender your contract prior to the end of your selected investment term, we will apply a Withdrawal Charge and a Market Value Adjustment for the amount of the withdrawal or surrender that exceeds the 10% annual Free Withdrawal Amount. However; you will not be subject to a 10% tax penalty on interest withdrawn if you are under age 59½.

² SteadyPace™ is a mid-to long-term investment vehicle. It is not intended to replace emergency funds, to be used as income for day-to-day expenses, or to fund short-term savings goals. Gainbridge Life annuities have limitations, exclusions, charges, termination provisions, and terms for keeping them in force.

³ The FastBreak™ multi-year guaranteed annuity product with form number ICC23-D-NTDMYGA-BASE, and SteadyPace™ multi-year guarantee annuity product with form number ICC22-D-MYGA-BASE, or variations of such, are issued by Gainbridge Life Insurance Company, a Delaware-domiciled insurance company with its principal office in Zionsville, Indiana. For more information about FastBreak™ and SteadyPace™, please review the FastBreak™ Product Summary and SteadyPace™ Product Summary, which are each available from your financial representative.

⁴ Annual Percentage Yield (APY) Rates subject to change. Current rates as of September 23, 2024. Please visit gainbridge.io for current rates, product disclosures, and other important information.

⁵ Source: Bankrate.com, national average of 5-year CD, week of October 7, 2024.

⁶ Customers may take up to a 10% free withdrawal amount in any contract year without paying a surrender charge or market value adjustment. Refer to the product summary for full details as withdrawals will reduce the contract value and future earned interest. FastBreak™ does not offer tax deferral, instead the customer is taxed annually on interest earned. Unlike a typical annuity. FastBreak™ does not offer tax-deferral; instead you are taxed annually on interest earned.

⁷ Annuities issued by Gainbridge Life Insurance Company (Zionsville, Indiana). Gainbridge Life is not affiliated with RetireOne. Products and/or features may not be available in all states. Please read the product summary for full details on taxes and withdrawals penalties and surrender charges, amongst other things. Guarantees based on the financial strength and claims paying ability of the issuing insurance company. A.M. Best Company assigns ratings from A++ to S based on a company’s financial strength and ability to meet obligations to contract holders. A- (Excellent) is the 4th highest of 16 ratings. For more information about the rating, visit www.ambest.com.