How It Works
Wealth Ladders is an approach for custom-tailoring a laddered Annuity strategy for a portion of your assets, to help strengthen your retirement security. It's a flexible solution that can help individuals who wish to avoid subjecting all of their savings to market risk. And, it's a retirement income strategy that may offer high appeal to people who are looking for predictable income they can't outlive.
While Wealth Ladders is truly flexible, one popular design works like this.
A portion of your retirement savings is allocated to four separate annuities, called SEGMENTS.
The Immediate Income Annuity Segment
The Immediate Income Annuity segment provides guaranteed income for a period of five years.
While income is being provided by the Immediate Income Annuity segment, other segments have the opportunity to accumulate on a tax deferred basis.
The Accumulation Annuity Segment
Beginning in year six, the premium in the Accumulation Annuity Segment provides guaranteed income for years six through ten.
While this income is being provided, the Longevity Annuity Segment and Time-Capsule Annuity segments continue the opportunity to accumulate on a tax deferred basis.
The Longevity Annuity
Segment
Beginning in year eleven, the Longevity Annuity Segment provides income that is guaranteed to continue for life.
The Time-Capsule Annuity Segment
Now, the Time-Capsule Segment has a special role. It remains in place to serve as a buffer to provide income or emergency cash when and if needed.
Or, it could serve as the source of a death benefit for your loved ones
Wealth Ladders Benefits
The Wealth Ladders strategy may offer SIGNIFICANT BENEFITS including:
- guaranteed retirement income
- guarantees to principal
- tax deferral
- defined levels of liquidity, and,
- competitive rates of interest