Protection for beneficiaries

Learn how Jane protected her biggest investment: her loved ones

Meet Jane

Jane contributed a total of $100,000 into her IRA. The IRA is invested in a variable annuity that includes a guarantee of principal death benefit. After a market crash, the market value of her IRA drops to $60,000. That same year, Jane dies. If she invested in mutual funds, her beneficiary would receive $60,000—the current market value of the contract.  However, because Jane invested in a variable annuity with a guarantee of principal death benefit, her beneficiary will receive $100,000 (the total of all contributions, less any withdrawals previously made).

beneficiary chart