A guaranteed minimum income benefit (GMIB) is a type of annuity option that guarantees a certain level of minimum payments.
Guaranteed income from annuites can provide lifetime cash flow in retirement to cover essential & other expenses and not vulnerable to market ups & downs.
Fidelity will allow some plan participants to convert savings into guaranteed investment products, while State Street Global Advisors will embed such products into some of its target date funds (TDFs). CNBC reports that BlackRock offers annuities in its TDFs. Income America, Nationwide and Lincoln Financial have also come to market with guaranteed income solut ...
Retirement is often depicted as a carefree, happy time, offering the opportunity to relax, travel, enjoy family and friends, and even take up a new hobby. It should be a stress-free period after a lifetime of work. But too often, once wage-based income streams stop and the decumulation stage starts, many retirees experience financial anxiety. Beginning to tap savings and draw down assets—particularly during bear markets or times of volatility—triggers worried questions about whether life wil...
With our guaranteed solutions, we protect your capital and income against market movements, inflation, and changes in the interest rate.
From auto features to guaranteed income products, modern retirement plans are evolving to provide better financial outcomes for employees. Keeping up with the…
A retirement annuity policy can help supplement your income & provide guaranteed retirement income. Learn more about our annuity policies & services.
Guaranteed retirement income products are receiving more interest. They have been around a while, but their adoption in retirement accounts has been slow.
A guaranteed lifetime annuity promises to pay the owner an income for the rest of their life. Here's how guaranteed lifetime annuities work.
You have a few different options when it comes to guaranteed retirement income. Here's a look at five of our favorites.