In 2004, Hueler Investment Services, Inc. launched the groundbreaking Income Solutions® platform, a web-based lifetime income annuity purchase system. The platform was designed to facilitate creation of lifetime income for transitioning investors as an alternative to an annuity distribution option under the plan. It is offered as a voluntary benefit that allows plan participants and individuals the ability to obtain competitively quoted lifetime income annuities quoted on an institutional basis. Today the Income Solutions® platform is made available to millions of individuals and a significant number of retirement plans through Hueler Companies’ unique non-exclusive partnerships with leading financial service firms, employers, and non-profit member organizations.
Income Solutions® is the only non-exclusive, independent, institutional annuity platform offered to defined contribution plans. The platform is designed to facilitate efficient, transparent, low-cost delivery of lifetime income annuity options to transitioning employees (both active employees and retirees). The broader mission of the Income Solutions® platform is to transform annuity delivery to plan participants by leveraging the institutional purchase process, eliminating the inherent conflicts of interest, and allowing for open affordable access to all plan sponsors.
Hueler’s Income Solutions® annuity platform is the only institutionally priced, automated delivery of lifetime income via a multi-issuer platform. Individuals can research and request annuity quotes from multiple well-known insurance companies and receive live responses within ten seconds. The platform makes immediate income annuities, fixed deferred annuities, deferred income annuities, and longevity insurance available.
Individuals with access to our platform have the benefit of a market based delivery model that incorporates the following key components: