Sentences with phrase «features guaranteed withdrawals»

Not exact matches

The features include systematic withdrawal plans that guarantee a minimum income for a period, and the ability to convert the best value of the policy into lifetime income.

Choice Income fixed index annuity offers the features of a traditional fixed index annuity along with an available Guaranteed Lifetime Withdrawal Benefit (GLWB).

ForeIncome fixed index annuity provides the traditional features of a fixed index annuity along with an available Guaranteed Lifetime Withdrawal Benefit (GLWB).

ForeIncome goes beyond the traditional interest crediting and protection benefits of a basic fixed index annuity, offering the features of a traditional fixed index annuity along with an available income benefit known as Guaranteed Lifetime Withdrawal Benefit (GLWB).

The Personal Income BenefitSM feature allows for a guaranteed steady stream of withdrawals that will continue throughout your retirement, regardless of market volatility, inflation, or even how long you live.

Adding what's called a guaranteed lifetime withdrawal benefit feature to a variable annuity can introduce some protection for future income.

In addition, some index - linked annuities provide opportunities to protect a portion of the annuity's account value, while variable annuities with a guaranteed withdrawal benefit feature can protect the amount of a person's future income.

GOLD SERIES SAGE CHOICE SINGLE PREMIUM DEFERRED ANNUITY — PRODUCT OVERVIEW 6 Year Single Premium Deferred Annuity Issue Ages: 15 days — 90 years (age last birthday) Minimum Premium — $ 2,000 Maximum Premium — $ 500,000 per Owner Free Withdrawal Provision («Bailout Feature»): Included in the Contract Guaranteed Minimum Interest Rate: 2 % for the first 10 years and 3 % thereafter Contract Loan — Not Available for this product Free - Look Period — 30 days Death Benefit: Accumulation Value on the date of the Owner's death.

Another feature provides a guaranteed withdrawal benefit for life in an optional rider available for an additional fee.

Another feature provides a guaranteed withdrawal benefit for life as an optional feature available for an additional fee.

The policy features guaranteed death - benefit protection and flexibility to make partial withdrawals while maintaining pro-rated benefits.

For clients who want to protect themselves against this risk, immediate annuities, longevity insurance, single premium deferred annuities, and variable annuities with a guaranteed withdrawal benefit or guaranteed income benefit feature should be evaluated and considered.

GOLD SERIES SAGE CHOICE SINGLE PREMIUM DEFERRED ANNUITY — PRODUCT OVERVIEW 6 Year Single Premium Deferred Annuity Issue Ages: 15 days — 90 years (age last birthday) Minimum Premium — $ 2,000 Maximum Premium — $ 500,000 per Owner Free Withdrawal Provision («Bailout Feature»): Included in the Contract Guaranteed Minimum Interest Rate: 2 % for the first 10 years and 3 % thereafter Contract Loan — Not Available for this product Free - Look Period — 30 days Death Benefit: Accumulation Value on the date of the Owner's death.

Some of these features include access to the funds if the owner is confined to a nursing home, 10 % to 20 % free withdrawals each year for any reason, increased value as a death benefit, and higher interest earning guarantees while taking a fixed income stream that includes the ability to stop at any time and continue the annuity.

If you're looking for an annuity that has a guaranteed income feature I'd recommend searching AnnuityFYI, which keeps an updated list of competitive annuities that offer either a guaranteed minimum withdrawal benefit or lifetime income rider.

Guaranteed withdrawal benefit riders and lifetime income riders are features offered with some variable annuity contracts - and they can be quite appealing because they do just that; they guarantee lifetime income.