A new study has found that more owners of variable annuities with a guaranteed lifetime withdrawal benefit (GLWB) rider are using those benefits in retirement, according to a recent InsuranceNewsNet article. Nearly 25%, in fact, have elected to withdraw income at the end of the …
After a stellar 2016, American International Group (AIG) has just introduced a new seven-year fixed annuity with a lifetime income rider. According to a recent Retirement Income Journal article, Assured Edge Income Builder is issued by American General Life Insurance Company and is currently available …
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