8 | TopRidge Bonus Annuity
Account Growth Over 20 Years
In this example we look at a $200,000 initial allocation to each of the two crediting strategies from the previous page. The chart below shows the growth of the Accounts over 20 years with a 0.95% Rider Charge, compared to the performance of the S&P 500® Index.
$1,000,000
S&P 500 ® Index 1-yr Value S&P 500 ® Annual P2P w/Cap S&P 500 ® Annual P2P w/Par
After the 20-year period, each of the S&P 500 ® Annual Point to Point (AP2P) Index Accounts have grown differently based on the Cap or Par Rate applied to the positive performance of the S&P 500 ® Index from year to year.
$800,000
$600,000
S&P 500 ® AP2P Index Account 6.00% Cap $487,906
$200,000 Allocation
$400,000
S&P 500 ® AP2P Index Account 30% Par Rate $437,704
$200,000
$0
As of Dec. 31
‘03
‘04
‘05
‘06
‘07
‘08
‘09
‘10
‘11
‘12
‘13
‘14
‘15
‘16
‘17
‘18
‘19
‘20
‘21
‘22 ‘23
This is a hypothetical example using the calendar year returns (December 31 contract anniversaries 2004-2023) from 100% allocation to the S&P 500 ® Annual Point to Point Index Account with a 6.00% cap applied and to the S&P 500 ® Annual Point to Point Index Account with a 30% Participation Rate applied, and reflects a 0.95% rider charge for both index accounts. Caps and Participation rates are subject to change. The indices are not available for direct investment. The caps and participation rates used in this example are for demonstration purposes only and were not the rates available the entirety of the simulated period, and may not be currently available. The actual caps and participation rates may be different than what is assumed for this example, which is provided for demonstration purposes only. Caps, spreads, and participation rates are set at our discretion at the beginning of each Index Term based upon factors we consider relevant, including market conditions. It was not possible for a consumer to have received the interest credits shown in this retrospective example. Actual interest credits for a purchased annuity contract will be based on the allocations selected by the owner, the performance of the underlying indexes for any index accounts to which contract value is allocated, and the respective caps, spreads and participation rates applicable to those index accounts.
Made with FlippingBook - Share PDF online