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When do Income Riders for Indexed Annuities for Seniors Make Sense?

April 26, 2017annuities income indexed Riders Seniors sense

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When do Income Riders for Indexed Annuities for Seniors Make Sense?

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The same rules of thumb apply when evaluating the costs and benefits of income riders for indexed annuities as for variable annuities. However if your indexed annuity rider offers a 7-8% roll up rate, and considering average variable annuity fees and the cost of the riders you may realize a better rate of return on an indexed annuity with an income rider than the rate of return you will see on most variable annuities with income riders.