From Phoenix Life, this annuity has two riders:
Income Now rider
- Up to 45% bonus on income rider
Income Later rider
- 14% rollup each year for 10 year
The unique thing about this annuity is that it fits the two catagories of those wanting guaranteed income. Do you want your income now - you can have up to a 45% bonus. Do you want your income later, between years 4 to 10 - you can have a guaranteed 14% annual simple return on your money until you turn on the income.
Want more details? On May 23 we will have it.
