Advisor Resources Introduces New Rider for its Variable Annuity

Monumental Life Insurance Company has introduced the Architect Rider, an optional guaranteed lifetime withdrawal benefit (GLWB), available on the no up-front sales load Advisor’s Edge Variable Annuity.

The Architect Rider offers registered investment advisers (RIAs) an income planning solution with guaranteed withdrawals regardless of policy value or investment performance. The guarantees are based on the claims-paying ability of the issuing insurance company, the company said.

Although most variable annuities require the policy holder to choose from only a handful of predetermined investment option models when withdrawal benefits are added, Monumental noted that the Architect Rider is available with a wide variety of non-equity and equity investment choices, within limits, including DFA and Vanguard. The rider must be issued with a maximum equity percentage of 50%, 60%, or 70% and the percentage of subaccount values allocated to the equity designated funds may not be more than the maximum equity percentage chosen.

The Architect Rider is an optional living benefit rider available for purchase on the Advisor’s Edge Variable Annuity issued by Monumental Life Insurance Company (Monumental Life), and the Advisor’s Edge NY Variable Annuity, issued by Transamerica Financial Life Insurance Company (Transamerica). Underwritten and distributed by Transamerica Capital, Inc.

“We are extremely excited to announce the availability of the Architect Rider to RIAs and their clients,’ said Gavin Lodge, Advisor Resources’ Director, in a company press release. “Its straightforward and flexible design gives advisers a unique tool for clients’ retirement planning needs. The Architect Rider allows advisers to select investment options specific to their clients’ long-term objectives, unlike many GLWB solutions available today.’

The Architect Rider is available through Monumental’s Advisor Resources unit, which provides annuity support and service to fee-only and fee-based advisers. For more information about Advisor Resources and the Architect Rider visit