IM
● Active
Income Maximizer Rider
Modified 10 months ago
DTCC ID
—
RIDER TYPE
GLWB
COMPANY
—
INCEPTION
—
Identity
Name
Income Maximizer Rider
Internal name
—
Company
—
Rider type
GLWB
DTCC Rider ID
—
Product policy type
—
Status
● Active
Inception date
—
Age range
0 – 80
Benefit description
Rider helps in addressing both halves of the retirement 1) accumulating retirement savings - guaranteed interest plus opportunity for an additional interest, based on the chosen allocations too, credited to the protected income value every year until annuitization begins and 2) income in form of lifetime withdrawals - provides income for lifetime of owner and gives three payment options.