Create a source of guaranteed income for life Nationwide High Point 365® Select Lifetime Income rider with Bonus is one of two optional living benefit riders available for an additional charge, should you wish to create a source of guaranteed income. This rider features a predictable source ...
Once you elect to receive your income stream, this benefit base is used to determine the amount of your minimum guaranteed withdrawal. Depending on the terms of the contract and your age, a certain percentage is applied to the benefit base to determine your guaranteed annual payment. It is us...
LAP - Lifetime Annuity Payout. Looking for abbreviations of LAP? It is Lifetime Annuity Payout. Lifetime Annuity Payout listed as LAP
a fixed indexed annuity could be an attractive option to consider. Guaranty’s Wealth Choice plan has competitive options for both growth and retirement income. The Guaranteed Living Benefit Rider is simple, straightforward and could pay competitive lifetime income for an individual or for a couple...
Annuity Income and / or interest accrued thereon (if any) and / or Non-guaranteed Monthly Annuity Income (Monthly Dividends) (if any) and / or interest accumulated (if any) withdrawn will no longer be accumulated as part of the total cash value and the total Death Benefit of the policy....
This paper offers a financial economic perspective on the optimal time (and age) at which the owner of a Variable Annuity (VA) policy with a Guaranteed Lifetime Withdrawal Benefit (GLWB) rider should initiate guaranteed lifetime income p... H Huang,Milevsky, M.A.,Salisbury, T.S. - 《Ins...