The Next Generation of Income Guarantee Riders: Part 1 – The Deferral Phase
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.
Pfau, Wade, "The Next Generation of Income Guarantee Riders: Part 1 – The Deferral Phase" (2012). Faculty Publications. 147.