Create a retirement “paycheck” that you won’t outlive The Power Series of Index Annuities add certainty to your retirement income by providing you and your spouse with guaranteed income for life. Every Power Series Index Annuity offers no-cost annuitization options, including guaranteed income that can last for your life or the lives of you and your spouse. 5 If you’re concerned about inflation or rising retirement costs, you may want to consider purchasing a Power Series Index Annuity with a guaranteed living benefit (GLB) rider that provides guaranteed income for life, plus the opportunity for rising income in retirement. 6 To receive this guarantee, withdrawals must be taken within the terms of the contract. Please see the corresponding GLB rider brochure(s) for more information on this enhanced lifetime income feature.
Two ways to protect your retirement income for life
Lifetime income enhanced Guaranteed lifetime income that has the potential to rise in retirement Through a GLB Rider for an annual fee 7 (Available only in select FIAs)
Lifetime income Guaranteed income for life similar to a pension Through annuitization at no cost
Action is everything. Contact your financial professional or agent for more information about The Power Series of Index Annuities.
5 Annuitization is the process of permanently converting your contract to income at no extra cost. Once you annuitize a contract, you will no longer have access to the principal or contract value 6 A Power Series Index Annuity with a guaranteed living benefit rider offers you continued access to your contract value, even after withdrawals begin. GLB riders are not available in all Power Series Index Annuities. Only one rider may be elected per contract. There is no guarantee that a fixed index annuity with a GLB rider will keep pace with or protect against inflation. 7 Contract value will be reduced by the GLB rider fee.
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