NASSAU INCOME ACCELERATOR
FLEXIBLE GUARANTEED LIFETIME INCOME OPTIONS THAT CAN POTENTIALLY HELP OPTIMIZE SOCIAL SECURITY OR PENSION BENEFITS ON YOUR SCHEDULE. GUARANTEE: Retire confidently knowing your income will last for your entire lifetime. CUSTOMIZE: Tailor your annuity according to your personal goals and time horizon. OPTIMIZE: Build an income bridge that helps you make the most of your other retirement benefits.
Nassau Income Accelerator can be customized to fit your individual retirement income plan. Choose one of the following three guaranteed minimum withdrawal benefit riders: 2 The Flex-Forward Income Benefit SM rider can be used to provide you with income before you begin receiving income from other retirement income sources such as Social Security and pensions. It offers higher income payments early on (the Early Income Feature) in exchange for lower income payments later (the Lifetime Income Feature). 3 The Income Horizon: Early rider provides steady income for life, designed to begin within 3 years of purchase. The Income Horizon: Later rider provides steady income for life, designed to begin 4 or more years after purchase.
2. A rider must be elected at the time of annuity application and involves an additional fee (a percentage of your Income Benefit Base deducted annually from the contract value). Income payment guarantees are based on the claims-paying ability of the insurance company, and only payments, not contract values, are guaranteed. Nassau Life and Annuity Company, Nassau Income Accelerator and the Flex-Forward Income Benefit rider are NOT connected with, recommended, or endorsed by any governmental program, agency, or entity, including the Social Security Administration. 3. T he Flex-Forward Income Benefit rider’s Early Income Feature is only available if the rider is exercised when the youngest covered person is age 70 or younger. The rider’s Early Income Amount is subject to minimums and maximums. After age 70, only the Lifetime Income Feature is available.
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