Скачать или смотреть What Is A Lifetime Income Rider? - InsuranceGuide360.com

What Is A Lifetime Income Rider? In this informative video, we will discuss the concept of a Lifetime Income Rider and how it can play a vital role in your retirement planning. This feature is an optional addition to an annuity contract that ensures you receive regular income for the entirety of your life. We will break down how the Lifetime Income Rider operates, from the accumulation phase where you make contributions, to the income phase when you start receiving payments. You'll learn about the flexibility it offers compared to traditional annuitization, allowing you to maintain control over your assets while still benefiting from guaranteed income.

Additionally, we will cover the key advantages, including the potential for income growth during the accumulation phase and the availability of spousal benefits. However, it’s also important to understand the costs associated with this rider, such as additional fees and the implications of deferral periods. By the end of this video, you will have a clearer picture of how a Lifetime Income Rider can enhance your financial security in retirement. Be sure to subscribe for more valuable content on insurance and financial planning.

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