The fixed index annuity includes guaranteed lifetime income features, nursing home benefits and flexible withdrawal options for retirees.
Aspida Life and WealthVest have teamed up to launch the WealthLock Income Builder, a fixed index annuity designed to help pre-retirees and retirees create a guaranteed source of retirement income. The WealthLock Income Builder includes a 16% annual simple interest roll-up rate The annuity offers guaranteed lifetime withdrawals, spousal protection and an enhanced nursing home multiplier feature. The companies noted that the product is available in 49 US states through select broker-deal