- They protect principle – You can never lose money.
- They protect gains annually – The “High Water Mark” benefit locks in gains and annually resets your baseline so last year’s gain is this year’s new starting point.
- They provide guaranteed lifetime income, no matter how long you and/or your spouse may live.
- High payout/income rates.
- Tax-advantaged growth.
- Creditor-proof.
- Annual fees have been reduced or eliminated.