Protective Income Builder Indexed Annuity – Lifetime Income with Growth and Flexibility
Built for Lifetime Income and Long-Term Growth
At Diversified Insurance Brokers, we specialize in helping individuals secure guaranteed lifetime income, tax-deferred growth, and market protection through customized annuity solutions. One of the standout options for those prioritizing income stability is the Protective Income Builder Indexed Annuity, issued by Protective Life Insurance Company.
This annuity is designed for retirees who want reliable income that grows over time, while still protecting their savings from market losses. Whether you want level payments or income that increases during retirement, the Income Builder gives you choices.
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10% Annual Roll-Up for Enhanced Income
One of the most appealing features of the Income Builder is the Guaranteed Income Benefit with a 10% simple interest roll-up on the benefit base for up to 10 years. This roll-up occurs regardless of market performance, giving your future income base a predictable boost while you wait to begin withdrawals.
This benefit makes the Income Builder especially attractive for those who plan to defer income for several years, as the roll-up dramatically increases the amount you can receive each year for life.
Income Options Tailored to Your Needs
When you’re ready to start drawing income, the Protective Income Builder offers two flexible payout structures:
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Level Income Option: Delivers a consistent, predictable stream of income for life
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Rising Income Option: Allows your income payments to grow over time, helping you offset inflation and rising costs during retirement
Both options ensure that once income starts, it continues for the rest of your life, even if your account balance reaches zero.
Protection with Market-Linked Growth Potential
Like other fixed indexed annuities, the Protective Income Builder ties your growth potential to the performance of market indices, but without exposing your principal to losses from market downturns. The account value earns interest based on index performance, and those gains are locked in annually.
And because the annuity grows tax-deferred, your savings can compound faster without the drag of annual taxes on earnings.
Additional Features for Flexibility and Security
Other key benefits of the Protective Income Builder include:
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Penalty-free withdrawals of up to 10% each year, starting in the second contract year
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Death benefit protection, ensuring remaining funds pass efficiently to beneficiaries
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No annual fees on the guaranteed income rider, depending on the specific configuration
This combination of guarantees, flexibility, and lifetime income makes the Protective Income Builder a strong option for conservative investors nearing retirement.
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Work With Experts Who Understand Retirement Income Planning
At Diversified Insurance Brokers, we partner with over 75 top-rated insurance carriers to help you compare options and make smart retirement income decisions. The Protective Income Builder Indexed Annuity is just one of many tools we use to build secure, customized retirement plans.
Whether you’re five years from retirement or already drawing income, our advisors will guide you toward the annuity that best fits your goals—and help you lock in guaranteed income for life
Talk to an Advisor or Request Your Annuity Quote
Ready to explore this annuity in more detail—or compare it with other carriers to see if even higher rates are available? With guaranteed income, principal protection, and long-term growth potential on the line, making the right choice is essential. The experienced advisors at Diversified Insurance Brokers will guide you through the options and design a strategy tailored to your retirement goals.
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FAQs: Protective Income Builder
What is the Protective Income Builder?
Protective Income Builder is a fixed indexed annuity designed to offer principal protection, index-linked growth potential, and an optional lifetime income benefit. It is commonly used by retirees and pre-retirees looking to balance safe accumulation with predictable retirement income.
How does Income Builder earn interest?
Interest is credited based on selected index strategies. These may include participation-rate, cap-rate, or spread-based options. While your annuity’s growth is linked to index performance, your principal is never exposed to market losses.
Does Protective Income Builder offer an income rider?
Yes. Income Builder typically includes an optional lifetime income rider that provides guaranteed income for life. The rider may include lifetime withdrawal percentages, benefit base roll-ups, or age-based payout factors.
Who is Protective Income Builder designed for?
This annuity is ideal for individuals who want conservative growth, protection from market volatility, and a reliable lifetime income option in retirement. It is often used as part of a secure retirement income plan.
What crediting strategies may be available?
Depending on the product version and availability, the annuity may offer:
- Participation-rate strategies
- Fixed interest options
- Spread-based crediting strategies
- Cap-rate index strategies
These strategies determine how interest is credited based on index performance.
How does Protective Income Builder protect my principal?
Your funds are never invested directly in the stock market. Regardless of index performance, your principal and previously credited interest remain protected from losses.
Can I make penalty-free withdrawals?
Most versions of Income Builder include annual penalty-free withdrawals up to a certain percentage. Additional liquidity benefits may be available depending on the contract and state rules.
How is lifetime income calculated?
If the optional income rider is elected, income is generally calculated using a payout percentage applied to an income benefit base. This base may increase during the accumulation period, and payout rates often rise with age.
What are the trade-offs of choosing Income Builder?
Potential trade-offs may include surrender charges, liquidity restrictions, and the cost of an income rider if elected. Credit potential is also limited by participation rates, spreads, or caps.
How can I compare Protective Income Builder with other annuities?
Comparisons should focus on crediting strategy strength, income rider features, renewal rate history, and long-term payout options. A side-by-side illustration helps determine how Income Builder performs relative to similar fixed indexed annuities.
About the Author:
Jason Stolz, CLTC, CRPC, is a senior insurance and retirement professional with more than two decades of real-world experience helping individuals, families, and business owners protect their income, assets, and long-term financial stability. As a long-time partner of the nationally licensed independent agency Diversified Insurance Brokers, Jason provides trusted guidance across multiple specialties—including fixed and indexed annuities, long-term care planning, personal and business disability insurance, life insurance solutions, and short-term health coverage. Diversified Insurance Brokers maintains active contracts with over 100 highly rated insurance carriers, ensuring clients have access to a broad and competitive marketplace.
His practical, education-first approach has earned recognition in publications such as VoyageATL, highlighting his commitment to financial clarity and client-focused planning. Drawing on deep product knowledge and years of hands-on field experience, Jason helps clients evaluate carriers, compare strategies, and build retirement and protection plans that are both secure and cost-efficient.
