We’ve made some exciting changes to the Foundations Annuity. With its six crediting strategies, Foundations provides protected accumulation to help risk-averse clients get safely to retirement, while the optional Lifetime Income Rider (available on the 7-year product) provides for income that lasts through retirement. We recently increased the Lifetime Withdrawal Rates under the Rider, which means you can help shape more guaranteed income for your clients:
- Lifetime Withdrawal Rates 30 to 50 bps higher
- Withdrawal Rates increase up to age 90