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173                                      Don’t Make Me Say I Told You So



               Summary



                  ►   Living benefits in a variable annuity are designed to provide

                     some level of guaranteed income over a certain period of
                     time, or for the annuitant’s lifetime.


                  ►   Your income can grow over time under certain conditions,
                     but will never fall below the guaranteed minimum.

                  ►   There is an extra cost  to these  income benefits,  and you

                     need to know what they are and how they will affect your
                     investment.


                  ►   The income from a variable annuity is based on the claims-
                     paying ability of the issuing company.






































                                           Chapter 4: Annuities




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