Guaranteed Lifetime Withdrawal Benefits: What Your Clients Need to Know

posted in GLWBs Apr 11, 2017

For retirees, the fear of losing any portion of their retirement savings is very real. Everyone in the market would love a guarantee on their return, but there are few guarantees when it comes to investing, especially when factoring in market turbulence, a fluctuating economy and meager interest rates. Annuities with a guaranteed lifetime withdrawal benefit (GLWB) rider can appeal to clients approaching retirement because, as the name implies, the rider insures the investment and minimizes risk.

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