Secure your future with guarantees When it’s time to take income from your SecureLink Future 7 annuity, you have different choices that offer different benefits. If you prefer guaranteed income with flexibility and growth potential, you can add the Achiever Lifetime Income benefit, for an additional cost. Or, if you seek the reliability of a guaranteed stream of income, you can choose to annuitize your contract. Select Achiever Lifetime Income for guaranteed income, flexibility and growth opportunities If you’re seeking guaranteed income for life, combined with guaranteed growth of your future income, Securian offers the Achiever Lifetime Income optional benefit. This benefit allows you the flexibility to take withdrawals via your Guaranteed Annual Income from your contract for the rest of your life, even if your contract value falls to zero (unless you make excess withdrawals). The Achiever Lifetime Income benefit also offers opportunities that guarantee growth of your future income, regardless of the performance of your SecureLink Future 7 account options. Ask your financial professional about the Achiever Lifetime Income brochure for more information. OR Create a guaranteed stream of income An advantage annuities offer over other fixed products is the ability to annuitize, or turn your assets into a guaranteed stream of income that lasts a lifetime. Payments are guaranteed by the financial strength of Minnesota Life. Your contract will generally annuitize at the earlier of the date that you elect, or the contract’s maturity date at age 95. Keep in mind, the payout choice you select is final and usually can’t be changed. So make sure you understand your choices and the option that will work best for you. Income payment options include:
Income for a set period of time Guarantees income for a span of years.
Income based on one life A variety of income options that provide income for you or you and your beneficiaries.
Income based on two lives A variety of income options for you and your spouse or another individual.
The Achiever Lifetime Income optional benefit establishes a Benefit Base for calculating guaranteed annual income. The Benefit Base provides no minimum contract value and is not available for withdrawal. Withdrawals exceeding allowed guidelines or taken before the Benefit Date, may have a negative impact on the guarantees of this optional benefit. All withdrawals reduce contract value. In years where the interest earned is less than the annual benefit charge, the contract value will decrease. The guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. This benefit cannot be cancelled. The benefit is available on a single or joint life basis for an additional cost with a fixed indexed annuity based on state approval.
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