Jackson National Launches New MYGA
Wink’s Sales and Market Report for the first quarter of 2019 shows that the sales of multi-year guaranteed annuities (MYGAs) …
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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First quarter 2019 annuity sales figures were recently released with fixed and variable annuity sales hitting $57.8 billion combined. According …
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Earlier this week, the U.S. Securities and Exchange Commission approved the SEC’s Regulation Best Interest: The Broker-Dealer Standard of Conduct …
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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