PLIS II resources
Principal® Lifetime Income Solutions II (PLIS II) offers three different guaranteed minimum withdrawal benefit (GMWB) riders1. The right one for your client might depend on whether they need income now or if they plan to wait a few years. Our riders offer different levels of bonus income, step-ups, and guaranteed payout rates—but all of them guarantee income for life.
Contact your local Principal® rep to ask about variable annuity solutions:
1 Each of our GMWB riders has an annual rider charge.
For financial professional use only. Not for distribution to the public.
Guarantees are based on the claims-paying ability of Principal Life Insurance Company.
Tax-qualified retirement arrangements, such as IRAs, SEPs and SIMPLE-IRAs are tax deferred. You derive no additional benefit from the tax-deferral feature of the annuity. Consequently, an annuity should be used to fund an IRA, or other tax-qualified retirement arrangement, to benefit from the annuity's features other than tax deferral. These features may include guaranteed lifetime income, death benefits without surrender charges, guaranteed caps on fees and the ability to transfer among investment options without sales or withdrawal charges.
Principal® Lifetime Income Solutions II Variable Annuity issued by Principal Life Insurance Company. Securities offered through Principal Securities, Inc., 800-852-4450, member SIPC and/or independent broker/dealers. Principal Life and Principal Securities are members of the Principal Financial Group®, Des Moines, Iowa 50392.
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