"Fidelity Freedom Lifetime Income®1 (FFLI) is a variable income annuity that provides lifetime income, helping to reduce the risk that you will outlive your retirement savings."
"An easy way to turn some of your nest egg into income immediately
- Create income for a certain period of time or for the rest of your life
- Payments can be guaranteed to be level, vary with market performance, or both"
"Director Immediate Variable Annuity provides flexible income payout options and a wide range of variable investment options that can help your income keep pace with inflation."