Image source: Getty Images. If you’re looking for a guaranteed stream of income throughout retirement, then an annuity may be the best option for you. Annuities offer lifetime income, tax-deferral, and many other benefits that can help to make your retirement financially secure. However, there’s no such thing as a free lunch. Before you think about buying an annuity, you should know what those benefits and guarantees will cost you. Guaranteed income riders
One of the key features that many indexed and variable annuities now offer is called an income benefit rider, or living benefit rider. This rider will […]
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