FIA holders like those ‘free’ withdrawals
September 18, 2013 by Maria Wood
An increasing number of fixed indexed annuities (FIAs) are now sold with guaranteed lifetime withdrawal benefits (GLWBs). Though common historically on variable annuities, GLWBs on FIAs are something of a new phenomenon ‑ as is policyholder behavior in regards to the utilization of those riders.
With that in mind, Ruark Consulting, LLC recently undertook its first-ever study of partial withdrawals on FIAs.
Originally Posted at LifeHealthPro on September 17, 2013 by Maria Wood.
Categories: Industry Articles