FLEXIBILITY FOR YOUR NEEDS
POWERFUL INCOME ENHANCING FEATURES Each of the income rider options available with the Nassau Income Accelerator fixed indexed annuity include income enhancing features to help maximize your potential guaranteed benefits, including: • A 10% bonus to the Income Benefit Base; plus • 10% simple interest credits/roll-ups to the Income Benefit Base each year you defer rider exercise for up to 10 years
How Your Income Benefit Base Grows Over Time
$250,000
Your guaranteed income payments will depend on your Income Benefit Base, age at issue, age at rider exercise and whether you elect a Single or Spousal benefit. For the Flex-Forward Income Benefit rider, the more income elected in the Early Income Period, the lower the Lifetime Income Amount will be.
$200,000
$150,000
$100,000
$50,000
0
1234567891011 Contract Year
Income Bene t Base Bonus
Income Bene t Base Rollup
Initial Premium
The Income Benefit Base equals the amount of the initial premium, plus the amount of the Income Benefit Base Bonus plus the amount of the Income Benefit Base Rollup. This hypothetical example is meant only to demonstrate how the riders are designed to work and not a promise or projection of future returns. Assumes no withdrawals, an initial premium of $100,000 plus a 10% Income Benefit base bonus and 10% simple interest roll-ups added to the Income Benefit Base in years 1-10. With the Flex-Forward Income Benefit rider: (a) The minimum Early Income Amount is equal to the Annual Benefit Amount (“ABA”) and the maximum is equal to the Maximum Early Income Percentage multiplied by the Income Benefit Base; and (b) The Lifetime Income Amount is equal to the Income Benefit Base multiplied by the Lifetime Income Percentage. For the Income Horizon: Early and Income Horizon: Later riders, guaranteed income payments are determined by multiplying the Income Benefit Base by the ABA Percentage at rider exercise. Income payments are considered withdrawals from the annuity and will reduce the Accumulation Value, Cash Surrender Value and death benefit. See the Rider Disclosures for additional information. The Income Benefit Base is a calculated value used solely to determine your guaranteed income payments and rider fee and is not available for withdrawal. Prior to exercising your rider, you can help to maximize your potential guaranteed income payment by minimizing withdrawals as all withdrawals, including free withdrawals and Required Minimum Distributions (RMDs), are taken from your annuity’s contract value and will also reduce the Income Benefit Base. After exercising the rider, be sure to withdraw only amounts up to the guaranteed income payment or RMD associated with the contract, otherwise the Income Benefit Base and future guaranteed income payments will be reduced. The annual fee for the rider is 0.95% of the Income Benefit Base, deducted from the contract value. The rider fee is subject to change and the amount of the fee will increase as the Income Benefit Base grows but will not exceed 1.50%.
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