Great Gray Trust Company, LLC — Trustee

Income that’s guaranteed to last as long as your retirement does.

Isn’t it time to take the guesswork out of investing for retirement?

This revolutionary investment provides guaranteed retirement income for life to help you stop worrying about outliving your savings—and start enjoying your retirement.

Count on our 5% guarantee

Available through your employer’s retirement plan, Income America™ 5ForLife guarantees payments of 5% of your income base per year for the rest of your life, even if the market dips.

Capture the market’s upside

Enjoy the best of both worlds: The opportunity to grow your income base by taking advantage of the market’s upside and the assurance that your income base will never decrease as a result of a market downturn.

Control your future

You’re always in control of your assets. That means you can transfer or withdraw your Income America 5ForLife balance at any time with no penalties or surrender charges. And any investment balance goes to your heirs.

Guarantees are subject to the claims-paying ability of the issuing company(ies). The market value of this investment option is never guaranteed and fluctuates based on investment performance. To receive the guaranteed income, you must stay invested in Income America 5ForLife. If you withdraw more than the guaranteed income in any year, your income base and future guaranteed income amount will decrease.

Income America 5ForLife by the numbers

participants
6000 +
plan sponsors
2500 +
in assets
$ 150 M

Source: SS&C as of December 2025

Contact us to learn more.

Here’s how Income America 5ForLife works

It’s as easy as investing in a typical retirement plan fund, but with the guarantee of income for life:

Watch the video

Income America 5ForLife in action

See how Julie turns her hard-earned retirement savings into guaranteed income for life.

Start investing

When Julie turns 55, she decides to move $60,000 from other funds in her retirement account into Income America 5ForLife. This establishes her income base.*

Julie
Keep contributing

Over the next 10 years, her income base continues to grow with every contribution she makes.

Step it up

Thanks to our step-up feature, Julie’s income base is compared to her current investment balance every year on her birthday.

Lock it in

At age 65, Julie’s contributions total $143,500, but thanks to market gains and annual step-up opportunities, her income base locks in at $200,000—which translates to $10,000/year, or 5% of her income base, for life.

Power of 5%
Retire with confidence

Julie retires with guaranteed income she can count on for life. But if she wasn’t ready to retire, she could keep working and adding to her income base.

Julie continues to receive annual guaranteed income payments even if her account value goes to $0. And when she dies, her beneficiaries inherit any remaining investment balance.

*Your income base is never available for withdrawal and is only used for calculating your income. It may be adjusted based on contributions to and/or withdrawals from the investment. While you can withdraw the market value of your investment option without any fees or penalties, doing so may cause you to lose some or all of the income guarantee. If plan provisions permit, you may elect to receive income at any time after age 65. If you withdraw more than the guaranteed income in any year, your income base and future guaranteed income will decrease. However, if your required minimum distribution exceeds your guaranteed income amount, your income base will not be affected and your payments will not be lowered.

Expert insights

Answering the demand question
When it comes to guaranteed income, participant demand matters, but participant need matters even more. Find out why.
A roadmap to navigate risk
Learn more about the five key stages of adding a lifetime income solution to your retirement plan.
On The Money
Why is now the right time for a solution like Income America 5ForLife?
It’s the ideal time for guaranteed lifetime income solutions. Jonathan Thomas, President and CEO of American Century Investments, explains why.
How the step up feature works
Step Up Chart

This chart is for illustration purposes only and shows the general principles of Income America 5ForLife It assumes a series of hypothetical annualized portfolio returns across a range that illustrate both potential growth and the potential volatility of the market. In this example, the participant makes contributions of $500 per month starting at age 55, rising to $750 per month at age 59 and $1000 per month from ages 63-65. No further contributions are made after age 65, and no additional annual stepups were applied since there was a declining investment balance. The chart also assumes no post-retirement withdrawals are made that exceed the 5% guaranteed lifetime income payments.