Are there cases when the amount of guaranteed income can be decreased? Generally, if an annuity contract states that a guaranteed income level remains for life then this is the case as long as ...

For deferred variable annuities with income riders supporting a guaranteed lifetime withdrawal benefit, the guaranteed withdrawal rates or payout rates are most typically based on the age that ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Erika Rasure is globally-recognized as a leading consumer economics ...

MetLife Investors Distribution Co., the bank, wire house, and broker-dealer distribution arm of insurance giant MetLife Inc., says it is counting on a new deal with Merrill Lynch & Co. to propel its ...