Home / 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.



Company Product Name
prudential_logo HDi
pacific_life GLWB
transamerica_logo Retirement Income Choice
Click Here for Complete List…


Income Riders Help Make Fixed Annuities More Attractive

In recent trends, fixed indexed annuities (FIAs) have gained in popularity thanks to several attractive perks, including participation in market …

Survey Says: Pre-Retirees Aren’t Considering Annuities

A new survey from LIMRA, a market research organization in the life insurance industry, has found that most pre-retirees don’t …

Whether It’s Lottery Winnings or Retirement Savings, An Annuity Can Guarantee Your Income

Without even realizing it, many people actually stand in line for annuities on a daily or weekly basis. We learned …


Investor’s Guide To Lifetime Benefits

Investor’s Guide To Lifetime Benefits

The good news is that the average American is living longer and longer. The average 65-year-old…

Lifetime Income Benefit Tutorial in 7 Easy Steps

LIB Tutorial in 7 Easy Steps

Most people dream about living a long and fulfilling retirement, free of financial worries. But we know…

Share Button

Annuityfyi.com - Prefooter

Share On Facebook
Share On Twitter
Share On Google Plus
Share On Linkedin
Share On Pinterest