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  • Actual for You - Guarantee Minimum Income Benefits With Some Variable Annuities is a Good Thing for Investors

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    ays be guaranteed a predictable level income to fund your retirement years.

    For example, let's suppose you invested $10

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    With insurance company competing for potential investors, today's variable annuities off all kind of wonderful, client friendly features and benefits that were not available just a few years ago. The Guarantee Minimum Income Benefit (GMIB) is a guarantee that one will always have income available from one's investment resources.

    A Guarantee Minimum Income Benefit (GMIB) ensures that if you purchased your annuity during a market peak and required income during a market trough, you would always be guaranteed a predictable level income to fund your retirement years.

    For example, let's suppose you invested $100

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    ly features and benefits that were not available just a few years ago. The Guarantee Minimum Income Benefit (GMIB) is a guarantee that one will always have income available from one's investment resources.

    A Guarantee Minimum Income Benefit (GMIB) ensures that if you purchased your annuity during a market peak and required income during a market trough, you would always be guaranteed a predictable level income to fund your retirement years.

    For example, let's suppose you invested $10

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    ntee that one will always have income available from one's investment resources.

    A Guarantee Minimum Income Benefit (GMIB) ensures that if you purchased your annuity during a market peak and required income during a market trough, you would always be guaranteed a predictable level income to fund your retirement years.

    For example, let's suppose you invested $10

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    IB) ensures that if you purchased your annuity during a market peak and required income during a market trough, you would always be guaranteed a predictable level income to fund your retirement years.

    For example, let's suppose you invested $10

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    ays be guaranteed a predictable level income to fund your retirement years.

    For example, let's suppose you invested $100,000 into the Equitable Accumulator Plus Annuity at age 69. First you would receive a 4% bonus or $4000. After one year, you began withdrawing 6% annually, or $6000, for the next 15 years. And during that time, the market was flat, and there were no gains on your investment, and even some negative years. Over fifteen years, you withdrew a total $90,000. Because of annual systematic withdrawals of $6000. and a flat market, the account value has been reduced to $3000. With most traditional annuiti

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