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Exploring Annuity Riders: Tailoring Your Annuity to Suit Your Needs

Exploring Annuity Riders: Tailoring Your Annuity to Suit Your Needs

Enhance your annuity’s features and benefits with riders that cater to your individual financial goals and requirements.

When planning for retirement
, it’s crucial to consider various financial products that can help you achieve your goals. Annuities can be an attractive option for qualified plan assets such as IRA’s and rollovers from 401k’s, TSAs, and TSPs due to their guaranteed lifetime benefits. One of the key differentiators that make annuities even more appealing is the availability of annuity riders. These optional add-ons provide additional benefits and features, often for an additional cost. In this blog, we’ll delve into common annuity riders and how they can enhance your annuity investment for a more secure and comfortable retirement.

  1. Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider: A GLWB rider provides you with guaranteed lifetime income without annuitizing your contract. This rider allows you to withdraw a certain percentage of your annuity’s account value each year for the rest of your life, ensuring a steady income stream during retirement. GLWB riders are often available with variable and indexed annuities.

  2. Guaranteed Minimum Income Benefit (GMIB) Rider: The GMIB rider guarantees a minimum income level upon annuitization, regardless of your annuity’s account value. This rider protects you from potential market downturns and secures a stable income during your retirement years. It is typically associated with variable annuities.

  3. Guaranteed Minimum Accumulation Benefit (GMAB) Rider: With a GMAB rider, your annuity is guaranteed to grow to a predetermined amount after a specific period, regardless of market performance. This rider offers a safety net against market fluctuations and is often used with variable annuities.

  4. Long-Term Care (LTC) Rider: The LTC rider provides financial assistance for long-term care expenses, such as nursing home care or in-home care services. This rider can help alleviate the financial burden of long-term care costs and protect your retirement savings. It is available with various annuity types.

  5. Death Benefit Rider: A death benefit rider ensures that your beneficiary receives a guaranteed amount upon your death, regardless of your annuity’s current account value. This rider provides a financial safety net for your loved ones and can be added to various annuity types.

  6. Cost of Living Adjustment (COLA) Rider: The COLA rider helps protect your annuity income from inflation by adjusting your payments periodically based on a predetermined rate or index. This rider can help maintain your purchasing power during retirement and is often used with immediate and deferred income annuities.


Each annuity rider serves a unique purpose, providing additional protection, growth potential, or income generation, depending on your financial needs and goals. By understanding the various riders available, you can customize your annuity to better align with your retirement plans and risk tolerance. and our cutting-edge Annuity Logic™ AI technology, powered by Robo Advisor™,

…can help you navigate the annuity landscape, offering personalized recommendations that take your individual financial profile and goals into account. Our AI-driven platform simplifies the process of selecting the most suitable annuity and riders for your needs, ensuring that you make informed decisions about your financial future.

In conclusion, understanding annuity riders and their benefits can help you create a customized annuity that caters to your unique financial needs and goals. With the support of and Annuity Logic™ AI, you’ll have access to personalized recommendations that account for your individual circumstances. As a part of the Robo Advisor™ family, we’re committed to providing you with the best resources and tools to achieve your financial objectives and secure a comfortable retirement.A

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