Should you consider managed accounts with guaranteed lifetime benefits?

Need a reliable source of income? You now have more options. Normally, you might turn to variable annuities. But the problem is that variable annuities can be complicated, expensive, and may require you to pledge your underlying assets to an insurance company when you die.

The newest offerings, Stand Alone Living Benefits, let you tack on a guaranteed lifetime payout rate to your managed brokerage accounts, mutual funds or exchange traded funds...

Palm Beach Daily News: Should you consider managed accounts with guaranteed lifetime benefits?
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