The Profile of an Annuity Buyer
During the month of September, the Insured Retirement Institute is hosting 4 virtual sessions, the Supply Chain Summit, to examine …
Lifetime Income Benefits
What is a Lifetime Income Benefits Annuity?
The concept behind a Lifetime Income Benefit is simple. If you purchase a Lifetime Income Benefit Rider with your variable annuity, the insurance company guarantees a regular monthly, quarterly, or annual payment for your lifetime, even if your account balance goes to zero. For example, suppose you invest $100,000 in an annuity with a 5 percent lifetime income benefit rider. The insurance company guarantees that you can withdraw $5,000 per year for the rest of your life, even if your account balance is zero.
ANNUITY FYI’S TOP LIB ANNUITY RIDERS
| Company | Product Name |
 | HDi |
 | GLWB |
 | Retirement Income Choice |
Request Product Details | |
FROM OUR BLOG
Annuity Talk Increases Amid Global Pandemic
A new survey conducted in the midst of the COVID-19 global pandemic discovered that more than half of financial professionals …
Three New Annuity Lifetime Income Riders from Nationwide
In the midst of market volatility and uncertain economic times, Ohio-based mutual insurer, Nationwide, has just announced the launch of …
ARTICLES & GUIDES
Investor’s Guide To Lifetime Benefits
The good news is that the average American is living longer and longer. The average 65-year-old…
LIB Tutorial in 7 Easy Steps
Most people dream about living a long and fulfilling retirement, free of financial worries. But we know…
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