With more employers phasing out defined benefit pension plans, retirees will continue to have significantly greater responsibility for their retirement income. Variable annuities can supplement other income sources and guaranteed benefit riders make annuity investments more appealing by providing a safety net in the event of poor investment returns. This continuing education class explains the types of riders that are available and their advantages and disadvantages. Detailed examples are added for emphasis and understanding.

Class highlights include:

• Regulation and Suitability


• Taxes and Beneficiaries


• NAIC Suitability In Annuity Transactions Model Regulation


• Guaranteed Death Benefits


• Guaranteed Withdrawal Benefits (GMWB)


• Guaranteed Minimum Income Benefits (GMIB)


• Guaranteed Lifetime Withdrawal Benefits (GLWB)


• Long Term Care (LTC) Insurance Options


• Approved for 3 Hours of Elective Continuing Education