Fixed Annual Increase Annuity

Fixed Annual Increase Annuity – Pensionfinder









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    Fixed Annual Increase Annuity

    Fixed Annual Increase Annuity This will cause your income to increase at a rate of your choosing year after year. It is possible to increase the rate by up to 8.5% per annum. A benefit of this option is the fact that your income before tax is guaranteed never to drop.

    The downside to this option is that you start off with a relatively low income in comparison to a steady rate income annuity.