Rising Income option The Rising Income option guarantees your annual income payments will rise each year until your contract value reaches zero or until you reach age 95, whichever occurs first. This option starts with a lower income amount than the level option but since your income payments will rise each year, this option provides higher income amounts later in life than the level income option.
Income increases every year until your contract value reaches zero, where income locks in and continues for your lifetime.
You decide to take income here.
You purchase your contract here.
Time
Benefit base
Lock-in income amount
Contract value
Income amount
These charts are hypothetical and intended solely to demonstrate the continuance of guaranteed annual withdrawals when the annuity’s contract value falls to zero. It is not indicative of the performance of any indexed annuity, and does not reflect any actual account values. It assumes no appreciation in contract value, and no additional/excess withdrawals other than the guaranteed annual withdrawal amount.
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