The potential for increasing income
Are you looking for a financial product that provides guaranteed income – and also the opportunity for income increases? You’re not alone.
Increasing income potential After you begin receiving income (guaranteed lifetime withdrawals) from the protected income value, Allianz Benefit Control ® offers you the potential for increasing income.
Because of inflation, higher taxes, and medical expenses, it’s likely that a level income will consistently purchase less over a long retirement. The Allianz Benefit Control ® Annuity helps address this concern by offering income increases every time your contract earns interest.
Here’s a hypothetical example that shows you how increasing income works.
Hypothetical index performance
YEAR 1
YEAR 2
YEAR 3
YEAR 4
YEAR 5
INDEX CHANGE
-3.0
+3.0
-4.0
+3.0
+2.0
INCOME BASED ON HYPOTHETICAL INDEX PERFORMANCE (Lifetime withdrawals are based on the hypothetical starting protected income value of $100,000)
$4,328 WITHDRAWAL
$4,244 WITHDRAWAL
$4,120 WITHDRAWAL
$4,120 WITHDRAWAL
$4,000 WITHDRAWAL
$4,000 WITHDRAWAL
YEAR 1
YEAR 2
YEAR 3
YEAR 4
YEAR 5
INCOME CHANGE
+3.0%
+3.0%
+2.0%
No change
No change
This hypothetical example shows how various index change rates can affect the amount of lifetime withdrawals with an Allianz FIA, assumes a 4% starting payout, and assumes no excess withdrawals. It is hypothetical in nature and does not predict or project actual results of a specific FIA. This example does not show how any bonuses, caps, or spreads could affect potential interest and withdrawal increases, and assumes no change in payment percentage based on the age of the owner. Actual results are determined by market conditions, product, crediting method, and chosen index allocations, caps, and spreads.
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