Annuities - Stackable vs Non-Stackable and Simple vs Compounded
Annuity living benefits can have a lot of jargon and complex parameters. For living benefits that have guaranteed growth of the benefit base, you'll often find two important sets of terms: Stackable vs non-stackable Simple vs compound These terms control how exactly that guaranteed growth works over the years, and how it works together with the actu...
How to enter annuity living benefit values
 Video: Annuity Tutorial Video Video Transcript welcome this video will walk you through 0:02 how to add annuities into your income 0:04 lab 0:05 household when you're in your household 0:08 from your main dashboard page or on any 0:10 of the plan feature Pages find the 0:12 pencil icon in the top right of your 0:14 screen and then click edit to go...
How to enter fixed index annuity and crediting method values
 Video: Annuity Tutorial Video Video Transcript welcome this video will walk you through 0:02 how to add annuities into your income 0:04 lab 0:05 household when you're in your household 0:08 from your main dashboard page or on any 0:10 of the plan feature Pages find the 0:12 pencil icon in the top right of your 0:14 screen and then click edit to go...
How do I include annuities in Income Lab plans?
A variety of annuity types and strategies can be included in Income Lab plans. This article is a place to find links to in-depth guides on each of these. Living benefit (lifetime income rider) annuities What do 'Stackable' and 'Not Stackable' mean? Growth annuities with specific distribution plans Fixed Index Annuity inputs Single premium immediate ...
How do I include a QLAC in a plan?
A qualified longevity annuity contract (QLAC) is a deferred income annuity purchased with tax-deferred funds and subject to certain limits and rules around the purchase amount and age when income must begin. Modeling a QLAC in an Income Lab plan is easy. If you are purchasing the QLAC soon, use the following steps. Remove the QLAC purchase amount fr...