Who bought Great-West Financial?

Great

Type Public
Website www.greatwestlifeco.com

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In respect to this, what happened to Great-West Financial?

GreatWest Life & Annuity Insurance Company (GWL&A) is announcing that it has completed the sale through reinsurance of substantially all of its individual life insurance and annuity business to Protective Life Insurance Company, the primary subsidiary of Protective Life Corporation (Protective).

Accordingly, who is Great-West Retirement Services? GreatWest Retirement Services® refers to products and services provided by GreatWest Life & Annuity Insurance Company and First GreatWest Life & Annuity Insurance Company. … Products are sold in New York by its subsidiary, First GreatWest Life & Annuity Insurance Company, Albany, New York.

Secondly, how do I contact Great-West Life?

Phone: 1-800-465-0517. Fax: 1-416-362-0350.

Does Great West Life still exist?

On Jan. 1, 2020 The GreatWest Life Assurance Company, London Life Insurance Company, The Canada Life Assurance Company and two holding companies amalgamated. They are now one company – The Canada Life Assurance Company™.

Who is buying massmutual retirement?

Empower is the nation’s second-largest retirement services provider. The acquisition increases Empower’s participant base to more than 12 million and retirement services recordkeeping assets to approximately $884 billion administered in approximately 67,000 workplace savings plans.

What bank does empower Retirement use?

Fifth Third Bank

Did protective buy Great West?

Protective Life Corporation has completed the transaction with Colorado-based GreatWest Life & Annuity Insurance Company to acquire all of its individual life and annuity business. The acquisition totaled at $1.2 billion – the largest acquisition in Protective Life’s history.

What is a good rate of return on 401k?

5% to 8%

How much money should I contribute to my 401k?

Most financial planning studies suggest that the ideal contribution percentage to save for retirement is between 15% and 20% of gross income.

How much money should I have in my 401k?

By the time you are 30, it’s ideal to have a 401k equal to about one year’s salary — so if you make $50,000 a year, you’d want to have $50,000 saved in your 401k account.

What is covered by Great-West Life?

The life insurance, accidental death & dismemberment, travel, dental, health, vision care and weekly disability benefits are underwritten by The GreatWest Life Assurance Company. The critical condition benefit is underwritten by Blue Cross, and the member and family assistance program is provided through Shepell.

What does Great-West Life cover for dental?

Basic dental insurance is optional and provides coverage for routine maintenance to promote good oral health, including (but not limited to) accidental dental coverage, dental checkups every 9 months, fillings, denture repairs and maintenance.

How do I claim Great-West Life?

Please contact GreatWest Life Customer Service department for all claims enquiries – 1 800 957 9777. Pay Direct Drug Card: The primary plan participant covered under the Extended Health Care plan will be issued a Pay Direct Drug Card.

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