Independent Broker-Dealers Score Big With Variable Annuities
While distribution channels like wirehouses and large national brokerage houses experienced slumps in variable annuity sales, independent broker-dealers saw big …
Guaranteed Minimum Income Benefit
What is a Guaranteed Minimum Income Benefit?
Variable annuities come with a host of optional features that you can select for an additional annual fee. One common and very popular type of variable annuity feature is the guaranteed minimum income benefit, also known as a GMIB. The GMIB is exactly what the name implies — a guaranteed minimum level of annuity payments by the insurance company, regardless of the performance of your annuity.
ANNUITY FYI’S TOP GMIB RIDERS
| Company | Product Name |
 |
GMIB Max: Guaranteed Minimum Income Benefit Rider |
 |
GMIB: Guaranteed Minimum Income Benefit Rider (Accumulator Series) |
|
GIB: Guaranteed Income Benefit Rider (Retirement Cornerstone Series) |
| Click Here for Complete List… | |
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ARTICLES & GUIDES
Criteria for Evaluating GMIB Annuities
When evaluating the numerous guaranteed minimum income benefit GMIB annuity products on the market…
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