![]() ![]() The GLWB is an income rider found on both fixed indexed and variable annuities. Guaranteed Lifetime Withdrawal Benefit (GLWB) Whether the annuity income rider is a GLWB or GMIB, the distinct differences between both is withdrawals as opposed to annuitization: 1. What are the 2 most common types of annuity income riders? But aside from your age, annuity payments can vary widely from insurance company to insurance company and from product to product based on a range of factors, including riders and the way the company structures its terms.
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