Protective Income Builder Indexed Annuity
Rising Income option With the Rising Income option, you start with a lower income amount than the Level Income option, but your income amount increases every year until your contract value reaches zero, or until you reach age 95, whichever occurs first. At this point, your income amount locks in for life. Let's look at another example, this time using the rising income option.
Rising Income option example
Meet Sam Male, age 60 Retirement age 65 Purchase payment: $100,000 Sam purchases a Protective Income Builder
indexed annuity with the guaranteed income benefit at age 60, and his benefit base grows to $150,000 after five years.
$150,000
$120,000
$100,000
60
61
62
63
64
65
Age
10
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