Faculty Publications

Title

The Next Generation of Income Guarantee Riders: Part 1 – The Deferral Phase

Document Type

Article

Publication Date

10-30-2012

Abstract

Clients no longer need to move their assets to a variable annuity with a rider to guarantee lifetime withdrawal benefits, thanks to the RetireOne stand-alone living benefit (SALB) rider from Aria Retirement Solutions, which can be applied to a portfolio of mutual funds and ETFs. Despite this enticing promise, however, the SALB may not offer as much downside protection as advisors and clients expect.