COLUMBUS, Ohio–(BUSINESS WIRE)–In today’s economy, retirement plan participants are added anxious than anytime about bazaar volatility, and the charge to administer accident and assure their retirement assets. To advice participants accomplish this goal, Civic Banking Services, Inc. has added the Civic Bank® FDIC Insured Drop Annual advantage to its assorted card of retirement plan offerings.
The new artefact alms is an absorption earning annual that provides retirement plan participants with arch protection, accepted assets and in-plan liquidity. Funds placed in the annual are advised deposits of Civic Coffer and are insured by the Federal Drop Allowance Corporation (FDIC) to at atomic $250,000 per participant.
“The bazaar crisis and advancing bread-and-butter ambiguity accept afflicted Americans’ perspectives on retirement savings. As added and added Americans access retirement, they’re attractive for means to acquire a aggressive amount of acknowledgment while attention their principal. As a result, plan sponsors and plan admiral are attractive for new means to advice participants accomplish these goals and alter their advance offerings,” said Anne Arvia, chief carnality admiral of Retirement Affairs for Civic Financial.
The Civic Bank® FDIC Insured Drop Annual will be offered to plan sponsors of 401(a), 401(k), 457 and controlling deferred advantage plans.
“At Civic Financial, we’re committed to the banking aegis of our retirement plan audience and to always acceptable our articles and casework to accommodated participants’ evolving needs. We accept the Civic Bank® FDIC Insured Drop Annual will accommodate participants with aegis and aegis through all bazaar environments, while still alms them advance and clamminess aural their retirement plan,” added Arvia.
For added advice about the new Civic Bank® FDIC Insured Drop Annual advantage for retirement plans, amuse alarm 1-800-626-3112.
Nationwide, based in Columbus, Ohio, is one of the better and arch adapted allowance and banking casework organizations in the U.S. and is rated A by A.M. Best. The aggregation provides a abounding ambit of alone allowance and banking services, including auto insurance, motorcycle, boat, homeowners, activity insurance, farm, bartering insurance, authoritative services, annuities, mortgages, alternate funds, pensions, abiding accumulation affairs and bloom and abundance services. For added information, appointment www.nationwide.com.
Life allowance is issued by Civic Activity Allowance Aggregation or Civic Activity and Annuity Allowance Company, Columbus, Ohio. Civic Coffer FDIC Insured Drop Annual is coffer drop annual issued by Civic Bank. Other allowance articles and casework provided by affiliates of Civic Coffer are not insured by the FDIC or any federal government agency, nor are they affirmed by, drop of or obligations of Civic Bank.
Nationwide, Civic Financial, the Civic framemark, Civic YourLife and On Your Side are account marks of Civic Alternate Allowance Company.
Nationwide Bank, Member FDIC, is a federally accountant accumulation bank.
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