Prudential Focusing On Annuity Conversation
If you research annuity products online, you’re going to find a plethora of information that both support these financial tools …
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
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HDi |
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GLWB |
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FROM OUR BLOG
New Alliance Launches Education Campaign for Lifetime Income, Annuities
Last week, large strides were taken to address the national retirement income crisis in America. A coalition of 24 major …
Lincoln Financial Announces New Variable Annuity
Lincoln Financial Group has recently announced the launch of a new indexed variable annuity, offering retirees options for protection and …
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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