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StanCorp Financial Group. StanCorp Financial Group, Inc. is an insurance and financial services company based in Portland, Oregon, United States. In 2006 it ranked as number 731 on the Fortune list with in excess of $2 billion in annual revenues. Founded in 1906, the company's main subsidiary is Standard Insurance Company.
The Standard covers 8.5 million people (June 30, 2008) in the USA through and out of above 30,000 employers with group and individual disability insurance, group life, AD&D and dental insurance, retirement plans products and services, individual annuities. It is licensed in 49 states and Washington, DC.
Now when clients like you pay for financial advice from a professional about your retirement accounts such as a 401(k) plan or individual retirement account (IRA), they are required to dole out ...
Unlike traditional pension plans, in which the employer promises a specified monthly benefit at retirement, 401 (k) plans are funded by contributions deducted directly from the employee’s ...
The Standard Expands Index Select Annuity Lineup Nine-year surrender-charge period now available PORTLAND, Ore.--(BUSINESS WIRE)-- Standard Insurance Company ("The Standard") is expanding the ...
Types of retirement plans. Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.
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