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Guaranteed Interest Contract (GIC)
for Defined Contribution Plans

GIC for Defined Contribution Plans

Sold to 401(k) plans and defined contribution plans qualified under IRC Section 401(a), the GIC for Defined Contribution Plans provides a one-month deposit period and daily unit value reporting of invested funds.

This contract accepts deposits for investment terms of three to nine years, earning interest at rates that are net of expenses. Interest rates are declared at the beginning of each month and applied to deposits made during that month. Payment of withdrawals are made according to a pro rata determination based on the ratio of the amount of fixed-interest assets invested in the contract to the total amount of the plan's fixed-interest assets.

How to Submit Business

Quotations may be submitted by calling 1-800-843-2455, or by faxing a quotation request form to (402) 351-2176, Attn: Institutional Investment Sales. United of Omaha will provide individual quotes within 24 hours of a request.

Contact Us

We look forward to hearing from you and learning about your investment needs. For detailed information on any of our group retirement products, please contact one of our regional Retirement Plans Sales Managers.

Other Products

Group variable annuity contract (Form 300-GAQC-95) is issued by United of Omaha Life Insurance Company, which accepts full responsibility for all its contractual obligations under the contract. Payments and values provided by this contract that are based on the investment results of the separate account are variable, and specific dollar amounts are not guaranteed. No financial liability will be incurred by the parent or affiliate companies for business transacted by United of Omaha Life Insurance Company. For a complete product description, including benefits, exclusions, and limitations, please refer to the specific proposal and contract. These products are not available in NY or PR.

United of Omaha is licensed in all states except NY.

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