Annuity glossary

Roll-Up Rate

The guaranteed annual growth an insurer applies to an income rider's benefit base while you delay taking withdrawals. It is not a return on your actual money; it only increases the number used to calculate future income, and it usually stops after a stated number of years or once withdrawals begin. The contract explains the payment calculation, timing, charges, limits, and survivor choices that apply. Any guarantee is backed by the claims-paying ability of the issuing insurer.

Any guarantee is backed by the claims-paying ability of the issuing insurer.

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