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Checking Up on Trends in Variable Annuity GMIBs – Changing, Mixing, Matching

Steven D. McDonnell

On the variable annuity scene, insurers are still changing their guaranteed living benefits with great alacrity in response to market conditions, albeit less aggressively than in the past, and while most of this movement is occurring within lifetime withdrawal features, Guaranteed Minimum Income Benefits (GMIBs) are still a big part of the picture, and in this commentary we’ll discuss what has been happening with them...

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