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GREAT Lifetime Payout 2 Special Lifetime Retirement …
Webbenefit base by the lifetime payout percentage. The maximum lifetime income payment is divided by 12 to determine the monthly available lifetime income benefit payment. Your lifetime payout percentage is based on your age at contract issue and the number of completed contract years when you elect to begin lifetime income payments. Web5 Lifetime income will be based on the High Point Income Benefit Base multiplied by a Lifetime Payout Percentage. Lifetime Payout Percentages increase each year you wait to take lifetime income up to age 90. Minimum age of 50 before starting lifetime income. Guarantees and protections are subject to the claims-paying ability of the issuing company. WebJul 20, 2024 · One honourary mention in this area is Singlife with Aviva’s MyEasySaver II, which actually commits to a lump sum guaranteed maturity payout of 160% of the sum assured, less all payouts, but including any bonuses. Most of the other plans don’t really advertise the amount of their guaranteed payout at maturity. can i deduct mileage as a delivery driver