Chapter 9

A REVOLUTION IN RETIREMENT PLANNING:
THE INCOME RIDER

What is a “rider”?

It is an attachment to an investment offered by insurance companies that provides additional conditions or benefits to the investment. In this case it is a rider attached to an indexed annuity, the investment that was the subject of the previous chapter.

And what is that additional benefit or condition available through this Income Rider that attaches to the indexed annuity?

For the purpose of income and income only, the funds that you transfer into the indexed annuity are guaranteed to accumulate in the Income Rider account at 8% annual compound interest.[1] However -- again -- those funds are only available as income and can only be withdrawn according to a set schedule of future payments.

Figure 11

What exactly is the set schedule of future payments?

Figure 11 is an example of

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