In this article:
Display guaranteed minimum income benefit and a guaranteed Minimum Withdrawal Benefit (GMWB) on an Asset-Map and Target-Map.
(This can also apply to a required minimum distribution - RMD.)
This is a two-step process: (1) add an asset to the Asset-Map, (2) then add an income, too!
- Create an asset (select "Add Asset" from the toggle menu) showing the current value of the benefit.
2. Create an income (select "Add Income" from the toggle menu) showing the annual amount of the income expected at a future age/date.
Here's how it looks:
Here's how it looks on a Target-Map's, "What you have" tab. You'll notice the income in the Cash-flow Sources Available area, and the asset financial is in the Assets Available area.
Tags: annuity, annuities, GMIB, GWMB, RMD