How does an Annuity Income Rider work?

How does an Annuity Income Rider work?

Annuity sales continue to rise every quarter in the United States, and a lot of the credit for driving this consumer popularity is the Annuity Income Rider.

So how do Annuity Income Riders work? Riders are separate benefits that you attach at the time of application. That Income Rider provides a lifetime income stream that starts at a future date of your choice. If you like your Social Security payments, then you will like your Income Rider payments. Both provide an income guarantee that you can never outlive.

If you are one of the 10,000 baby boomers that reach retirement age […]

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