1 / 10

Understanding the Lifetime Income Benefit Rider (LIBR-2010) for Your Financial Future

The Lifetime Income Benefit Rider (LIBR-2010) guarantees a minimum return on your Income Account Value (IAV), with options for level or increasing payments. Choose between a 4.5% or 6.5% guaranteed rate, depending on your age. Enjoy flexibility without forced allocation strategies, and rest assured that withdrawals do not impact your IAV rate. This rider can be added to indexed annuities, providing up to 20 years of guaranteed income. Make informed decisions about your retirement income with LIBR.

dolf
Télécharger la présentation

Understanding the Lifetime Income Benefit Rider (LIBR-2010) for Your Financial Future

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Thank you!

  2. How Does the Lifetime Income Benefit Rider Work?

  3. Greater Of LIFETIME INCOME BENEFIT RIDER (LIBR-2010) CHOOSE ONE When you are ready to elect income, the Company will look back and guarantee you earned at least 4.5% or 6.5% on your Income Account Value (IAV). If CV is larger, your IAV will step up to the Contract Value.

  4. LIFETIME INCOME BENEFIT RIDER (LIBR-2010)GUARANTEED INCOME PAYOUT PERCENTAGES

  5. LIFETIME INCOME BENEFIT RIDER (LIBR-2010) • Two Payment Options • Level Payment Option • Increasing Payment Option – 3% Guaranteed • NOT A POINT OF SALE DECISION • Client Decides Level or Increasing when they turn income on

  6. AEL LIBR STRENGTHS • 4.5% for NO FEE for all ages or 6.5% for 0.60%* for owner issue ages 50+ • No forced strategy allocation • Withdrawals do not cancel IAV** Rate • Can terminate LIBR any time • LIBR added to all indexed annuities+ • Fee Based on Contract Value • Up to 20 Years of Guaranteed IAV Rate *Annual fee taken from Contract Value **IAV only used to calculate lifetime payments. + Except 10/10 Gold and Heritage Gold. Call for availability

  7. Thank you!

More Related