What Is Attained Age? Attained age is the age at which the beneficiary of an insurance policy or retirement plan (or another age-dependent plan) can receive benefits or withdraw funds. Attained age can be any age at which benefits are received.

What is attained age rating?

An Attained-age policy is one in which the premiums are based on your age at enrollment. The prices will be lower when you first enroll but may increase as you get older. There are three primary methods that insurance companies use to price their Medigap plans: attained-age rated, issue-age rated, and community rated.

Which is better attained age or issue age?

Some are “attained age” policies, whose prices increase every year with the policyholder's age and also track medical inflation. ... The lowest-cost issue-age or community-rated policy is usually cheaper than an attained-age policy over time.