the only guarantee is the income. Which is funded by your own money. Your paying an Annuity fee to Fidelity so that they can insure that you pay your own income. Does that make sense? ask the thousands of people that were influenced to buy one of these products from reps that were moviated to sell them and didn't understand the product themselves. Maybe that's why Fidelity is taking it off the shelf. Shame.Shame.Shame...