GLWB

Guaranteed Lifetime Withdrawal Benefit Plans (GLWB) offer Guaranteed Retirement Income for life!

You live life on your own terms. Why should retirement be any different? Gone are the days when you retired at 65 with a company pension. In today’s world, income generation with maximum flexibility can influence the fate of one’s retirement.

Whether you are already retired or saving for retirement, this may be the solution for you.

If you are retired, with this Plan, you'll know exactly how much income you will receive, every year, for life.

If your retirement is still years away, you can invest in this Plan today and use it to accumulate wealth before you start withdrawing income.

When you invest, you are guaranteed to receive a predictable annual income, available starting as early as the year in which you turn 55. The guaranteed retirement income will continue for as long as you live.

You can start withdrawing your guaranteed retirement income for life as early as age 55. The amount you'll receive every year for as long as you live is called the Lifetime Withdrawal Amount (LWA).

You can begin taking income as early as age 55 and start enjoying your guaranteed retirement income immediately, or you can invest and grow your future guaranteed income through annual Income Base Bonuses.