A variable annuity also offers a variety of options when it comes to receiving income — including lifetime income options. (massmutual.com)
However, research suggests that lifetime income options across the board can be very complicated for several participants to comprehend. (planadviser.com)
Horizon is a lower cost, surrender charge free variable annuity that provides retirement investors a tax - deferred investment vehicle with lifetime income options. (globalatlantic.com)