The Target Benefit is a new Fixed Index Annuity from Aviva. It offer a unique non-capped index tied to the S&P 500 plus dividends. Additionally, it offers an income benefit that mirrors a defined benefit plan. Offering target date guaranteed lifetime income payments. Also, the income will triple in the event the policyholder is confined in a nursing home.
This revolutionary new product is currently available in 28 states. Monday March 25th Aviva will start offering this product in five more states: Illinois, Louisiana, Montana, Pennsylvania, and South Dakota. For more info or to check availability in your states, select Compare Annuities in the link below.