April 24, 2024: San Francisco, CA — Micruity Inc., announced today that George Spindell has joined the team to lead client implementations. A senior leader with over 30 years of experience in building and operating retirement income products and recordkeeping platforms, George will work closely with Micruity platform partners to deliver a seamless integration experience for guaranteed and non-guaranteed retirement income products.
George’s work history includes long tenured roles at both TIAA and MissionSquare Retirement, where he built and launched a suite of retirement income solutions including the Retirement IncomeAdvantage Fund, one of the first solutions to provide guaranteed lifetime income to Defined Contribution plan participants in the public sector.
“George has a strong track record of bringing retirement income solutions to market, making him one of a handful of individuals with experience integrating accumulation retirement income products with guaranteed lifetime income and operating them at scale” said Trevor Gary, Founder and CEO of Micruity.
“His expertise will greatly enhance our client support and configuration team and enable our product team to focus on infrastructure that supports a wide range of non-guaranteed and guaranteed income products” Gary added.
“By leveraging Micruity’s infrastructure, we can rapidly connect life insurers, asset managers and recordkeepers to deploy the next generation of retirement accumulation and income products, and we enable our partners to focus on delivering retirement security to plan participants,” said George Spindell, Head of Strategic Projects, Micruity.
Americans face a growing retirement savings gap that is estimated to reach over 137 Trillion by 2050. That savings shortfall has been compounded by successive financial crises – leaving many Americans retirees at risk for outliving their own savings.
By connecting the recordkeepers, life insurers, and asset managers, Micruity reduces the administrative burden of managing multiple products across several plans while delivering the targeted savings and income solutions Americans need to secure their retirement.