Retirement income for life. It’s that simple.
You shouldn’t have to leave your retirement to chance. With Income America™ 5ForLife, you can worry less about outliving your retirement nest egg. Instead, you can plan for retirement with confidence, knowing that even if the market fluctuates, you’ll receive income payments for life.
Discover our 5% guarantee
Available through your employer’s retirement plan, Income America 5ForLife guarantees payments of 5% of your income base per year for the rest of your life, even if the market dips.
If your retirement plan doesn’t offer Income America 5ForLife yet, share this brochure with your benefits or human resources department.
How does it work?
With Income America 5ForLife, you enjoy the best of both worlds: The opportunity to grow your income base by taking advantage of the market’s upside and the assurance that your income base will never decrease as a result of market performance.
- Every dollar you invest in Income America 5ForLife will be added to your income base, which is protected even if there’s a market downturn. Change your mind? You can transfer or withdraw your savings at any time with no penalties or surrender charges.
- Once a year on your birthday, your income base can re-set, stepping up to capture any gains.
- At age 65, you can start withdrawing 5% of your income base every year for life. Want to retire later? You can continue making contributions, which can potentially increase your income base and payments.
Income America 5ForLife in action
Whether retirement is far away or right around the corner, Income America 5ForLife can work for you.
Rob is worried about market volatility so he transfers 33% of his account balance, or $20,000, into Income America 5ForLife. This establishes his income base.*
Rob contributes $11,200 each year for the next 25 years. During this time, he switches jobs, but he’s able to roll over his balance to a new retirement plan that also offers Income America 5ForLife.
Thanks to our step-up feature, Rob’s income base is compared to his current investment balance every year on his birthday.
- If it’s higher, his income base will be increased to match the investment balance.
- If it’s lower, no adjustment will be made because his income base is protected from market dips.
At age 65, Rob’s contributions total $300,000, but thanks to market gains and annual step-up opportunities, his income base locks in at $482,360—which translates to $24,118/year, or 5% of his income base, for life.
Rob retires with guaranteed income he can count on for life. But if he wasn’t ready to retire, he could keep working and adding to his income base.
Every month, Rob receives $2,010 from his Income America 5ForLife portfolio and an estimated $1,877 from Social Security, which is enough for him to live comfortably.
Rob continues to receive annual guaranteed income payments even if his account value goes to $0. And when he dies, his beneficiaries inherit any remaining investment balance.
To gain greater retirement security, Janet transfers 50% of her account balance, or $100,000, into Income America 5ForLife. This establishes her income base.*
Janet contributes $9,000 each year for the next 15 years to save for the retirement she envisions.
Thanks to our step-up feature, Janet’s income base is compared to her current investment balance every year on her birthday.
- If it’s higher, her income base will be increased to match the investment balance.
- If it’s lower, no adjustment will be made because her income base is protected from market dips.
At age 65, Janet’s contributions total $235,000, but thanks to market gains and annual step-up opportunities, her income base locks in at $329,983—which translates to $16,499/year, or 5% of her income base, for life.
Janet retires with guaranteed income she can count on for life. But if she wasn’t ready to retire, she could keep working and adding to her income base.
Every month, Janet receives $1,375 from her Income America 5ForLife portfolio and an estimated $1,429 from Social Security, which is enough for her to live comfortably.
Janet continues to receive annual guaranteed income payments even if her account value goes to $0. And when she dies, her beneficiaries inherit any remaining investment balance.
Christine and her husband, Joe, are planning to retire soon, so she transfers 100% of her account balance, or $600,000, into Income America 5ForLife. This establishes her income base.*
Christine contributes $1,667 a month for the next 5 years to save for the retirement she envisions.
Thanks to our step-up feature, Christine’s income base is compared to her current investment balance every year on her birthday.
- If it’s higher, her income base will be increased to match the investment balance.
- If it’s lower, no adjustment will be made because her income base is protected from market dips.
At age 65, Christine’s contributions total $700,020 but thanks to market gains and annual step-up opportunities, her income base locks in at $808,731. She elects the joint life option in which the guaranteed income percentage is based on her spouse’s age. Because Joe is also 65 years old, they receive 4.5% of Christine’s income base—which translates to $36,393/year.
Christine retires with guaranteed income she can count on for life. But if she wasn’t ready to retire, she could keep working and adding to her income base.
Every month, Christine receives $3,033 from her Income America 5ForLife portfolio and Joe receives $2,049 from his pension, which is enough for them to live comfortably.
Christine continues to receive annual guaranteed income payments even if her account value goes to $0. If Christine dies before Joe, he will continue to receive payments for the rest of his life. Their beneficiaries inherit any remaining investment balance.
