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Lifetime Income Annuity Features and Benefits

Lifetime Income Annuity Features and Benefits

To compare the features and benefits of a Lifetime Income Annuity with a leading Immediate Annuity, see the chart below.

Features Leading Immediate Annuity Lifetime Income Annuity
Guaranteed Income for Remainder of Life Yes Yes
Option for "Certain Period" — Protection against dying too soon and making the annuity not cost effective Yes Yes
Survivor Benefits — Flexible option to ensure your spouse has income for the rest of his/her life as well Yes Yes
Option for Legacy Benefits — Option to ensure that something is left for your heirs No Yes
Inflation Protection — Option to ensure the annuity payout has the same buying power as today based on an assumed inflation rate No Yes

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Lifetime Income Annuity Features and Benefits

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