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Allstate (Lincoln Benefit Life) Vacating 403(b) Market

Allstate (Lincoln Benefit Life) is Vacating the 403(b) Market

CCC has learned that Allstate (Lincoln Benefit Life) (aka: Allstate/LBL) will not accept additional 403(b) contributions after 9/24/2007. Accordingly, it is necessary for Payroll Departments to cease remitting contributions to Allstate/LBL no later than 9/24/2007.

If Allstate/LBL has provided documentation of its plans, such information may be viewed by clicking Here.

 

Additional Notes:

Allstate and Lincoln Benefit Life stopped accepting incoming business for 403(b) annuities effective 9/24/2007