6 | TopRidge Bonus Annuity
How You Receive Interest Credits One of the most distinguishing features of an FIA is your ability to receive interest credits based on part of an index’s positive performance, with none of its downside risk. We offer a variety of crediting strategies to choose from, including a fixed account plus index account strategies based on eight financial indices. Each index is designed to perform differently in various market conditions, giving you and your financial professional a diverse range of choices when it comes to how you want to allocate your contract’s dollars. The Fixed Account’s Guaranteed Minimum Interest Rate (GMIR) is set at contract issue and is guaranteed for the life of the contract. For the current Fixed Account interest rate and GMIR, refer to the latest rate sheet. We outline below the crediting options we use in the TopRidge Bonus Annuity, and the indices on which they are based. On the next page, we show examples of how two index crediting strategies could have credited interest against actual index performance.
Fixed Crediting Option
Crediting Option Fixed Account
Index Crediting Options
Crediting Strategy
1-year Crediting Term
S&P 500 ® Annual Point to Point Index Account NASDAQ-100 ® Annual Point to Point Index Account MSCI EAFE Annual Point to Point Index Account Russell 2000 ® Small Cap Annual Point to Point Index Account
With Cap
With Participation Rate
S&P 500 ® Annual Point to Point Index Account
S&P 500 ® Dynamic Intraday TCA Index Account 3 Morgan Stanley Global Equity Allocator Index Account 3 SG AI Navigator Index Account 3 MSCI BofA US Dualcast Index Account 3
With Participation Rate and Spread
Index Crediting Options
Crediting Strategy
2-year Crediting Term
S&P 500 ® Dynamic Intraday TCA Index Account 3 Morgan Stanley Global Equity Allocator Index Account 3 SG AI Navigator Index Account 3 MSCI BofA US Dualcast Index Account 3
With Participation Rate and Spread
3 Not available to Iowa residents or for contracts issued in Iowa.
Made with FlippingBook - Share PDF online