Life Annuity Benefit

When you evaluate retirement income options, you may want to consider a GuideStone® Life Annuity Benefit. By locking in all or a portion of your retirement account with current rates, you can enjoy the peace of mind that comes with a steady and predictable income stream.

Why might someone want to consider a Life Annuity Benefit?

It's dependable.

A Life Annuity Benefit can be an attractive option for someone who desires a predictable income stream.
The rate of return, or funding rate, on a Life Annuity Benefit is established at the time the annuity benefit is purchased, so the payment will be protected against market volatility.

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It's customizable.

If you choose a Joint Life Annuity Benefit, the payment will continue to your Joint Life Applicant at your passing for the rest of their life at the Joint Life percentage you elect.
Additional customizations include beneficiary options through a cash refund or specified period and an annual increase option that can help offset the impact of inflation.

Want to receive an estimate or apply for a life annuity benefit?

In addition to taking a Life Annuity Benefit, you also have other options.

You have the ability to:

  • Keep some or all your retirement balance invested and/or
  • Receive retirement income through a systematic withdrawal.

Learn more about all your retirement income options.

Have more questions? Schedule a financial consultation appointmentin your MyGuideStone® account!

Also, did you know that a “Minister for Tax Purposes” can designate retirement income as minister’s housing allowance? You may be eligible to roll over balances from other ministry retirement accounts to GuideStone to take advantage of these benefits. Get more information about this and other retirement income planning and strategies.

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Want additional help?

Retirement members can schedule an appointment with a Financial Consultant1.

1 Life Annuity Benefits are irrevocable and cannot be modified once established.

2 GuideStone financial consultants provide financial education and do not provide investment advice. Financial consultants are not investment advisor representatives licensed or registered by or with any state or the SEC. Advice from registered financial advisors is separately available from GuideStone Advisors®, an SEC Registered Investment Adviser and GuideStone Financial Resources affiliate.