Focus on guaranteed lifetime withdrawal benefits
Wade D. Pfau
This post continues my look at guaranteed lifetime withdrawal benefit (GLWB) products, also referred to as guaranteed minimum withdrawal benefit (GMWB) products, offered by insurance companies and other financial institutions. If you haven't yet done so, you'll want to read my previous post as background for this one.
Vernon, Steve, "Focus on guaranteed lifetime withdrawal benefits" (2012). In the News. 530.