Financial Professionals Income-focused variable annuity

Income-focused variable annuity

Principal® Lifetime Income Solutions II Variable Annuity

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An income guarantee for the future

Principal® Lifetime Income Solutions II (PLIS II) is an income-focused variable annuity designed to provide a source of guaranteed income for retirees. It allows your clients to keep their money invested in the market, benefitting from tax-deferred growth potential, until they’re ready to create a source of guaranteed income.

Guaranteed income riders

Three guaranteed income riders are available with PLIS II.

Your clients can choose the rider that best fits their financial goals. Each creates a guaranteed income stream they can’t outlive.

New York
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Compare our riders (PDF)

Target Income Protector

For clients who want our strongest income guarantees and are willing to pay higher fees to get them. A bonus feature provides growth opportunity in down markets, and gains are locked-in to increase future income.

Flexible Income Protector

For clients concerned about fees and looking for a lower cost income option. Market gains are locked in to increase future income. Higher payout percentages are available for clients willing to wait longer to take a withdrawal.

Flexible Income Protector Plus

For clients comfortable with some volatility, but also looking for income guarantees without paying high fees. A bonus feature provides growth opportunity in down markets and market gains are locked-in to increase future income.

Benefits of PLIS II

  • Create guaranteed income for life -- client decides when to begin payments
  • Tax-deferred growth potential
  • Three guaranteed income options to choose from
  • Bonus and step-up features guarantee income growth regardless of market performance
  • Compounding interest on potential investment earnings

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Principal Lifetime Income Solutions II

Or give us a call, 866-309-1623. We’ll be happy to answer your questions.

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