Corebridge Financial introduces new digital experience to simplify retirement plan withdrawals

Accessing retirement savings can be an important financial moment. Whether plan participants are managing planned expenses or responding to changing financial needs, they want a process that is straightforward, easy to navigate and keeps them informed along the way.

To help meet those expectations, Corebridge has introduced a new digital withdrawal experience designed to make it easier for retirement plan participants to access their retirement savings. This enhancement provides a guided digital journey that simplifies the process from start to finish, including automated email and text updates that help customers track their request from submission to payment.

"When plan participants need access to their retirement savings, they should be able to complete the process with confidence and stay informed every step of the way," said Ron Holloway, Vice President, Retirement Services Operations. "This work is the latest example of how we are using technology and design to make important financial decisions simpler and more intuitive for customers."

Key benefits for retirement plan participants include:

• Faster, more streamlined processing

• A guided digital experience that explains each step of the process

• Clear visibility into the status of a request from submission through payment

• Greater confidence that requests have been completed accurately

• A more transparent overall experience