Stable Income Options

Stable-income investments are a popular choice among retirement plan members. Principal Life Insurance Company provides access to this option in two ways:

Directly to participants through full-service arrangements, and
Indirectly through investment-only products and stable value funds.

Each alternative is designed to fit specific plan needs and opportunities. These arrangements are:

Guaranteed Interest Investments or Accounts under our Flexible Investment Annuity (FIA) Contract. With this alternative, we offer recordkeeping on a full-service basis.
Guaranteed interest arrangements on an investment-only basis for stable value funds under our Guaranteed Interest Fund (GIF) Contract.
A guaranteed account with annual rate reset available under our Fixed Interest Plus (FIP) Contract. The account is available as either a full-service or investment-only arrangement.
An Individually Managed Separate Account (IMSA) Contract, customized to meet specific fixed-income needs of stable value funds on an investment-only basis.
A Principal Stable Value Fund available on a full-service basis. This option is a diversified portfolio consisting of GICs and GIC alternatives.
Principal^® Fixed Income Guaranteed Option is the marketing name of the Group Annuity Contract - Custodial Guaranteed Interest Contract. This flexible investment option protects principal and provides a guaranteed rate of return, which is backed by assets in the general account of Principal Life Insurance Company. Cash flow from multiple plan sponsors is managed on a combined basis. Rates are guaranteed and communicated in advance to plan sponsors. Guaranteed crediting rates are reset every six months on a collective basis.

Upon request we can provide more detailed information, including company financial statements, balance sheets, and statements of operation.