Earnings Enhancement Benefit

Earnings Enhancement Benefit

An additional, optional death benefit on an annuity. One may elect to include an earnings enhancement benefit in exchange for a fee or a percentage of the total value of the annuity.
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For those who want simplicity in choosing a pre-packaged investment vehicle, Packages I, II, and III offer choices in Separate Account Charges, Liquidity, Death Benefits, Nursing Home Waiver Benefits, and an Earnings Enhancement Benefit.
And For an additional cost or credit: - A Nursing Home Waiver Benefit - Guaranteed Minimum Income Benefit (GMIB) - Guaranteed Minimum Accumulation Benefit (GMAB) - The Equalizer, a living benefit that provides an earnings adjustment - 6 Death Benefits, including a 3-year reset, a 5% rollup, and a combination of the two - An Earnings Enhancement Benefit
Phoenix Dimensions death benefit options include Return of Premium, Annual Step-Up, an Earnings Enhancement Benefit (EEB) and the greater of Annual Step-Up or 5 percent Annual Roll-Up, all protecting the client from loss of principal at death.
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