Stadion Launches StoryLine Income
July 18 2024 - 12:00PM
Stadion Money Management, a managed account provider offering
personalized retirement services, today announced the launch of
StoryLine Income, a platform offering retirement planning
calculators and tools for participants as well as a post-retirement
managed account service allowing Stadion to support in-plan, third
party retirement income solutions.
StoryLine Income, offered to existing and new StoryLine plans,
provides individuals education on how much they may be able to
withdraw from their managed account over time and includes the
ability to add estimates of their Social Security and pension
payments. The participant service is available to participants
utilizing Stadion’s managed account at no additional cost. Stadion
recognizes that individuals may want to adjust their plans as they
get closer to retirement. With StoryLine Income, individuals can
adjust their calculations to help them better plan for
retirement.
“We believe it is important to support participants as they plan
for retirement and StoryLine Income is a natural evolution of our
services,” said Stadion’s CEO, Duane Bernt. “We work closely with
industry partners on how we can drive the managed account industry
together, with the goal of developing pre- and post-retirement
services that help plan sponsors and participants. StoryLine Income
shows our commitment to this goal, providing an opportunity to
enter into new partnerships with firms that are bringing retirement
income products and solutions to the market”.
“We work hand in hand with industry partners to build new ways
to help individuals plan for their retirement. StoryLine Income
allows us to forge a path together, providing individuals with
information we believe they need and flexible technology behind the
scenes that can power the calculations,” said Stadion’s Chief
Revenue Officer, Todd Lacey.
StoryLine is a professionally managed investment service that
uses participant data provided by recordkeepers to build
personalized allocations to and through retirement. Participants
can further personalize their portfolio through an online
experience. StoryLine is designed to include factors beyond a
participant's expected retirement date, such as salary, 401(k)
balance, risk tolerance, contribution rates, and additional assets
held outside of the retirement plan. StoryLine offers an online
user experience, access to Stadion’s U.S.-based call center and
ongoing communications to promote retirement readiness.
Media Contact for Stadion:Gordon
Lambgordon.lamb@stadionmoney.com
About Stadion Money ManagementEstablished in
1993, Stadion is headquartered near Athens, Georgia. Stadion, a
wholly owned subsidiary of Smart, works with financial
professionals, asset managers, and recordkeepers to build
retirement plans and participant level investment solutions.
Visit Stadion Money Management at www.stadionmoney.com.
Stadion Money Management, LLC ("Stadion") is an investment
adviser registered with the U.S. Securities and Exchange
Commission. Registration does not imply a certain level of skill or
training. More information about Stadion, including fees, can be
found in Stadion's ADV Part 2, which is available upon request.
About Smart
Smart is a global savings and investments technology provider.
Its mission is to transform retirement, savings, and financial
well-being, across all generations, around the world.
The opinions expressed are those of Stadion
Money Management and are subject to change without notice. Stadion
is a registered investment adviser under the Investment Advisers
Act of 1940. Registration does not imply a certain level of skill
or training. More information about Stadion’s investment advisory
services can be found in its Form ADV Part 2, which is available
upon request.
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