California
Income riders, death benefits, long-term care -- understand which optional features are worth the cost
Rider comparison * Cost-benefit analysis * Expert recommendations
How It Works
Takes about 60 seconds
Licensed in your state, no pressure
Personalized to your situation, 100% free
2,134 people in California evaluated annuity rider options this year
Every rider is optional. You only pay for features you actually need and will use. A specialist can help you determine which riders provide value for your specific situation.
Each rider has an annual fee (typically 0.15-1.25%). We calculate the exact cost over your contract term and compare it to the benefit you'd receive. Some riders pay for themselves, others don't.
The same type of rider varies significantly between carriers -- in cost, benefit amounts, and terms. We compare rider provisions across 30+ carriers to find the best value.
The most popular rider. Guarantees a lifetime income stream (typically 4-6% of a benefit base) regardless of account performance. Your benefit base often grows by a guaranteed roll-up rate (5-7%) during the deferral period. Cost: 0.75-1.25% annually. Valuable if you need guaranteed retirement income.
Guarantees your beneficiaries receive at least your original investment (or highest anniversary value) minus withdrawals. Protects against market losses reducing the inheritance. Some riders include a guaranteed growth rate on the death benefit. Cost: 0.15-0.50% annually. Worth considering for estate planning.
Doubles or triples your withdrawal allowance if you can't perform 2 of 6 activities of daily living or are cognitively impaired. Provides LTC-like benefits without a separate policy or medical underwriting. Cost: 0-0.50% (some are included free). Increasingly popular as standalone LTC insurance becomes expensive.
Guarantees that your beneficiaries receive at least the total premiums you paid, minus any withdrawals, if you pass away. Ensures the insurance company never "keeps" your money. Simple and straightforward protection. Cost: 0-0.25% annually. Low cost for valuable peace of mind.
Find out which riders provide real value for your situation -- and which ones to skip