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GMWB
(redirected from Guaranteed Minimum Withdrawal Benefit)

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AcronymDefinition
GMWBGuaranteed Minimum Withdrawal Benefit


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? References in periodicals archive
A good example is the Guaranteed Minimum Withdrawal Benefit on variable annuities, which currently provides lifetime withdrawals that can increase and are guaranteed to never run out, all without having to turn over assets to the insurance company.
Amazing race: designers of retirement products seek a competitive ... by Panko, Ron / Best's Review
a Guaranteed Minimum Withdrawal Benefit (GMWB) -- Provides a guarantee of a minimum withdrawal payment for life with growth potential to increase future payments, while the annuity holder maintains some access to their account value and the potential to leave some bequest if they die "prematurely.
Fidelity Research Institute Report Cautions Investors of Widening ... by Business Wire
ING Fixed Annuities has introduced the IncomeProtector Withdrawal Benefit, a rider that provides a guaranteed minimum withdrawal benefit for life.
Lifetime withdrawal added to annuity by Best's Review
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