Rollup Period

In the realm of annuities, the term "rollup period" refers to a specific phase within certain types of deferred annuity contracts during which the value of the annuity's income account is guaranteed to increase at a predetermined rate.

This rollup rate is applied to the income base, which is the amount used to calculate future lifetime withdrawal benefits, rather than the actual cash value of the annuity. The rollup period is typically a set number of years, and during this time, the annuity owner can benefit from the security of knowing their future income base is growing, regardless of market conditions.

The rollup period is particularly significant for retirement planning, as it provides a measure of predictability and growth potential for the annuity owner's future income.