| Company & Rider Name |
Why We Feature This Rider |
Rider Cost |
To Order a Free Information Kit |
Annuity FYI Pick
Guaranteed Minimum Income Benefit Plus with Annual Reset
(Rider) |
A high, 5% compounding income base guaranteed during both the deferral period and income phase (until annuitization). A 6% compounding income base may be available in some states -- contact Annuity FYI for more information.
The guaranteed compounding lasts until an advanced age of 85 (the contract anniversary after your 85th birthday).
However, if you are taking income, your benefit base is preserved through the anniversary following your 90th birthday!
It offers the ability to reset the income base at least annually, until a relatively advanced age of 80 (the contract anniversary prior to your 81st birthday).
The rider permits up to 5% dollar-for-dollar annual withdrawals, available immediately.
The rider fees cannot increase during the surrender period.
|
0.95%
|
 |
GMIB: Guaranteed Minimum Income Benefit
(Rider) |
AXA's GMIB has a high, 5% compounded dollar-for-dollar guarantee during both the deferral period and income phase, until a relatively advanced age of 85.
It also offers the ability to reset the income base on each contract anniversary following age 80.
The rider permits up to 5% dollar-for-dollar annual withdrawals.
|
0.85% |
|
 GMIB Plus: Guaranteed Minimum Income Benefit Plus
(Rider) |
MetLife Investors GMIB has a high, 5% compounded dollar-for-dollar guarantee during both the deferral period and income phase (until annuitization), until the contract anniversary prior to the oldest contract owner's 91st birthday. A 6% rate may still be available in some states through some financial advisors -- contact Annuity FYI to see if this higher rate maybe available to you.
It also offers the ability to reset the income base on each contract anniversary prior to the oldest contract owner's 81st birthday.
The rider permits up to 5% dollar-for-dollar annual withdrawals, available immediately.
Details |
1.00% |
|
ING
MGIB - Minimum Guaranteed Income Benefit (Rider)
Issued by ING USA Annuity and Life Insurance Company and distributed by Directed Services, Inc.
|
ING's MGIB has a high, 6% compounded pro rata guarantee during the deferal period, although only until age 80 or 250% of premium.
ING does not offer an annual reset for the income base, but they do have a annual ratchet for annuitization purposes. |
0.75% |
|
Guaranteed Minimum Income Benefit Plus with Annual Reset
(Rider) |
NSLA's GMIB Rider has a high, 5.5% compounded dollar-for-dollar guarantee during the deferral period, until the earlier of age 85 or the 24th rider anniversary.
It also offers the ability to reset the income base on each contract anniversary prior to age 75 or the fifth rider anniversary, if later, to preserve gains.
The rider permits up to 5.5% dollar-for-dollar annual
withdrawals, available immediately.
Available only in New York |
0.65% |
|
