{"id":49,"date":"2009-02-10T09:49:38","date_gmt":"2009-02-10T14:49:38","guid":{"rendered":"http:\/\/www.annuityfyi.com\/blog\/?p=49"},"modified":"2023-02-15T06:30:15","modified_gmt":"2023-02-15T06:30:15","slug":"hartford-to-launch-variable-annuity-with-lifetime-benefit-in-may","status":"publish","type":"post","link":"https:\/\/www.annuityfyi.com\/blog\/2009\/02\/hartford-to-launch-variable-annuity-with-lifetime-benefit-in-may\/","title":{"rendered":"Hartford To Launch Variable Annuity With Lifetime Benefit in May"},"content":{"rendered":"<p>An article in the <em>Retirement Income Reporter <\/em>states that this May, Hartford Financial is planning to launch a new variable annuity product with a guaranteed <a href=\"https:\/\/www.annuityfyi.com\/annuity-riders\/lifetime-income-benefits\/\" target=\"_blank\" rel=\"noopener\">lifetime benefit<\/a>. While a lifetime benefit can be quite appealing to individuals nearing retirement, there is a catch in this offering.<\/p>\n<p>Hartford has also announced that in order to keep costs low enough to appeal to consumers, this annuity will have some &#8220;constrained features&#8221;; said constraints are unknown at this point. These limits will also protect the firm from some of the risk associated with <a href=\"https:\/\/www.annuityfyi.com\/variable-annuities\/\" target=\"_blank\" rel=\"noopener\">variable annuities<\/a>.<\/p>\n<p>It&#8217;s still early, but their new product may be something to look into when it&#8217;s released.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An article in the Retirement Income Reporter states that this May, Hartford Financial is planning to launch a new variable annuity product with a guaranteed lifetime benefit. While a lifetime benefit can be quite appealing to individuals nearing retirement, there is a catch in this &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Hartford To Launch Variable Annuity With Lifetime Benefit in May\" class=\"read-more button\" href=\"https:\/\/www.annuityfyi.com\/blog\/2009\/02\/hartford-to-launch-variable-annuity-with-lifetime-benefit-in-may\/#more-49\" aria-label=\"Read more about Hartford To Launch Variable Annuity With Lifetime Benefit in May\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144,122,12],"tags":[33,54,283,145,284,285,99,286,40,65],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/49"}],"collection":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/comments?post=49"}],"version-history":[{"count":2,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/49\/revisions"}],"predecessor-version":[{"id":26700,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/posts\/49\/revisions\/26700"}],"wp:attachment":[{"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/media?parent=49"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/categories?post=49"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.annuityfyi.com\/wp-json\/wp\/v2\/tags?post=49"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}