MetLife + Alight:
Retirement Confidence. Powered Together.
A forward-thinking collaboration built to simplify lifetime income.
MetLife and Alight are delivering a simpler, more connected retirement experience. Bringing together annuity expertise and digital innovation to help plan sponsors and participants move forward with confidence.
By combining Alight's benefits administration and digital capabilities with MetLife’s leadership in institutional income annuities, we’re delivering integrated solutions and enhanced retirement outcomes for participants.
“With so many workers feeling anxious about how to make their savings last in retirement, access to dependable income solutions is more important than ever,” said Graham Cox, Executive Vice President and head of Retirement & Income Solutions at MetLife. “By teaming up with Alight, we’re not only meeting that need, but we’re also simplifying the path to lifetime income and helping today’s workforce retire with greater confidence.”
Enabled by the annuity-friendly provisions of the SECURE Act and SECURE 2.0, Alight’s plan sponsor clients will have access to MetLife’s Guaranteed Income (MGI) fixed immediate annuity and Retirement Income Insurance® (RII) QLAC, a fixed deferred income annuity, within their DC plans. This integration enables participants to purchase these solutions and convert a portion of their savings into predictable monthly income.
The lifetime income focus of the Alight and MetLife collaboration also complements Alight’s recently announced new Defined Contribution wealth solution in collaboration with Goldman Sachs Asset Management, L.P. (GSAM) which considers lifetime income as part of a holistic retirement plan. In the Alight Financial Advisors (AFA) Defined Contribution solution, GSAM will serve as a sub-advisor, bringing its broad experience in the retirement space to help add meaningful long-term value to plan sponsors and their participants.
MetLife and Alight's strategic relationship delivers a solution that simplifies and provides guidance around retirement income for both plan sponsors and participants:
- For plan sponsors: Streamlined administration, tools to reintroduce annuities into defined contribution plans, and educational resources to help participants understand their retirement income options.
- For participants: Intuitive digital tools, clear educational content, and easy-to-use options to convert savings into lifetime income—all delivered through Alight’s participant experience platform, Alight Worklife®.
Register for this Exclusive Webinar
Join our upcoming webinar, “Retirement Confidence, Powered Together: Simplifying Lifetime Income for Plan Sponsors and Participantsˮ to discover how this collaboration can help you tailor your plan design to meet diverse participant needs and support long-term financial security.