Product Type |
Key Considerations |
Focus |
Death Benefit Protection |
Lifetime Income Option(s) |
---|---|---|---|---|
|
Tax-deferred accumulation |
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Tax-deferred accumulation |
Typically |
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|
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Tax-deferred growth or, if a guaranteed lifetime withdrawal benefit is elected, meeting predictable income goals. |
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Immediate income needs |
Depends upon annuity option chosen |
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Future income needs |
Most DIA options provide for a return of purchase payment(s) if you die before income payments begin. After annuity income payments begin, any death benefit payable will be based on the annuity option you have chosen. |
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Insurance, Annuities, and Investments