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fixed annuities

5 Key Questions on Annuity Income Riders

Categories: Retirement

marketwatchBy definition, an annuity income rider is an attached benefit to a deferred annuity policy that solves for longevity risk by providing a lifetime income stream. Income riders typically have a guaranteed growth rate that can be used for income, and can be flexible from a planning standpoint. The bottom line is that these riders can be confusing, expensive, and should only be considered for income-later planning...

Read full article at the Wall Street Journal Market Watch.