Income For Life is Back!
This exciting lifetime income rider is available now on all index annuity contracts, subject to state approval.
INCOME FOR LIFE guarantees lifetime income based on 7% accumulation for up to 20 years!
INCOME FOR LIFE highlights:
- Income available after year 5 and age 50
- Rider available for all issue ages
- Guaranteed income for life - without annuitizing
- Client can stop and start payments as needed
- Payments will never decrease if only the Income Withdrawal amount is taken each year, and payments have the potential to increase!
- Payments continue even if Accumulation Value is depleted
- Annual fee of 0.50% of Accumulation Value
New INCOME FOR LIFE marketing materials are available at the Income For Life page. Printed materials & website calculator will be available soon.
INCOME FOR LIFE is subject to state approval; check the State Approvals link.
Do you have an index annuity sale in process? If so, click here to see the Transition Rules.