What is PIV in an annuity?

What is PIV in an annuity?

While you’re saving for retirement, Allianz Benefit Control Annuity can help by giving you two ways to get a bonus to your Protected Income Value (PIV): an 18% bonus on any premium you put into your annuity in the first 18 months, and. an interest bonus, based on a feature we call the Bonus Control Benefit.

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