The Verdara Lifetime Income Path provides mission-driven employees with a secure, predictable retirement. By combining investment growth with built-in protection, we offer a modern solution that eliminates the complexity of traditional plans and ensures your staff’s financial security.
Think of the Path as a journey with multiple phases. Each phase is developed by retirement professionals to provide a personalized investment strategy that adapts to your educators' career stages.
During an educator's 20s, 30s, and 40s, the primary objective is to grow retirement savings. The Path utilizes target date funds to allocate assets, focusing heavily on equities early on to maximize growth, and gradually incorporating fixed-income investments to build security over time.
Around age 50, the strategy shifts to protect against market downturns. A portion of the accumulated savings moves into a guaranteed income pool within a fixed annuity. This creates a protective floor, ensuring these assets will not suffer losses and will grow by at least 2% annually, establishing the foundation for future payouts.
At any time after age 60, participants can choose to start collecting their income. This benefit provides a steady, monthly paycheck for life. The yearly income can even increase based on market returns to help account for cost-of-living changes, ensuring long-term financial peace of mind.
We provide the best of traditional pensions and modern defined contribution plans, backed by a structure that puts people first.
We provide educators with a reliable income stream for life, eliminating the fear of outliving their savings and offering true financial security in retirement.
The Verdara Lifetime Income Path successfully balances the need for market growth in early career stages with strict asset protection as retirement approaches.
Because the phased approach adapts automatically as participants age, educators do not need to be finance experts to secure their future. The plan works seamlessly in the background.
Employees want the stability of a traditional pension, but traditional plans are often too expensive and complex for employers to manage. The Verdara Lifetime Income Path* solves this by offering pension-like retirement outcomes within a modern defined contribution plan.
Through our pooled employer plan (PEP) structure, we connect workforces from mission-driven organizations across the country. This collective scale allows us to drastically lower administrative costs, eliminate duplicative fees, and deliver a predictable, stable retirement to your staff without the unfunded benefit liabilities associated with legacy pensions.
Managing a retirement plan shouldn't mean taking on unnecessary risk. Verdara assumes the 3(38) fiduciary responsibility for investment selection and oversight. We handle the compliance, audits, and monitoring, freeing your HR and finance teams to focus on running a great school.
Traditional systems trap workers in place. The Verdara Lifetime Income Path is designed for the modern, mobile charter school workforce. Your educators' savings stay with them, easily transferring across schools and states without penalties or forced rollovers.
No. It is an innovative investment option within a defined contribution plan. However, it shares the best feature of a pension—providing guaranteed income for life—without requiring participants to make complex investment decisions, and without placing unfunded liabilities on your school.
Actually, it reduces it. By joining our pooled employer plan, your school benefits from simplified administration. Verdara handles the annual filings, plan audits, and investment oversight. Your primary responsibilities are simply sending payroll contributions on time and providing annual census data.
If a participant passes away before their account balance is fully depleted, any remaining money in their account can be passed on to their beneficiaries as an inheritance.
No. It is an innovative investment option within a defined contribution plan. However, it shares the best feature of a pension—providing guaranteed income for life—without requiring participants to make complex investment decisions, and without placing unfunded liabilities on your school.
Actually, it reduces it. By joining our pooled employer plan, your school benefits from simplified administration. Verdara handles the annual filings, plan audits, and investment oversight. Your primary responsibilities are simply sending payroll contributions on time and providing annual census data.
If a participant passes away before their account balance is fully depleted, any remaining money in their account can be passed on to their beneficiaries as an inheritance.
