IPFL - What does IPFL stand for? The Free Dictionary
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It is important to understand that IPFL
is an optional benefit available with Venture Variable Annuity contracts and cannot be elected without purchasing the annuity contract.
Features of IPFL
, such as bonuses for each year no withdrawals are taken and guaranteed lifetime income beginning at age 59-1/2, have resonated with clients who want retirement assurance and plan to take guaranteed income from their annuity later in life.