Guardian Expands MarketPerform RILA to New York with Enhanced Investment Options

Guardian Life Insurance has extended its registered index-linked annuity (RILA) product, MarketPerform, to the New York market, providing a tax-deferred retirement savings tool. Initially launched nationwide in 2024, MarketPerform is designed to limit market risk exposure while offering potential investment growth, helping individuals plan their retirement more effectively. The company is also enhancing the product’s investment options by introducing Nasdaq-100 indexed terms of three and six years across approved states.

This product expansion is a response to nearly half of New Yorkers expressing concern about their financial readiness for retirement, highlighting the growing demand for diversified retirement solutions with risk management features. Guardian's strategic focus on long-term client support leverages its mutual company structure and financial robustness. Additionally, Guardian's recent collaboration with Pelago targets substance use management, integrating digital tools with coaching to support members with workplace-sponsored dental insurance through tobacco cessation programs.