Sentences with phrase «guaranteed withdrawal benefit»

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.
Personal Income Benefit ℠ is an optional guaranteed withdrawal benefit, available for an additional charge, that can provide lifetime income payments
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.
When you hear about «guaranteed death benefits» (a benefit for beneficiaries should the annuitant die before payments begin) and «income guarantees» or «guaranteed withdrawal benefits,» remember to read the fine print to see how they actually work.
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.
They may be insuring your future retirement income by providing a guaranteed withdrawal benefit rider, or insuring a specific amount of death benefit to go to your heirs, or insuring a minimum return.
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.
When looking for a variable annuity that offers a guaranteed withdrawal benefit rider or lifetime income rider, here's what to look for:
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