Guaranteed Lifetime Income Annuity Features and Benefits
Guaranteed Lifetime Income Annuity Features and Benefits
To compare the features and benefits of a Guaranteed Lifetime Income Annuity with a leading Immediate Annuity, see the chart below.
| Features | Leading Immediate Annuity | Guaranteed 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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