Payout Factors Guaranteed income payments based on easy-to-understand payout factors.
Payout Factors
Single
Joint
Single
Joint
Age
Age
Fee No Fee Fee No Fee 4.54% 3.52% 3.97% 2.95% 4.66% 3.62% 4.08% 3.04% 4.79% 3.72% 4.22% 3.15% 4.93% 3.82% 4.36% 3.25% 5.06% 3.92% 4.48% 3.35% 5.19% 4.03% 4.62% 3.45% 5.33% 4.13% 4.76% 3.56% 5.48% 4.24% 4.91% 3.67% 5.62% 4.36% 5.05% 3.79% 5.74% 4.46% 5.17% 3.89% 5.89% 4.58% 5.32% 4.00% 6.04% 4.69% 5.47% 4.12% 6.17% 4.79% 5.59% 4.22% 6.31% 4.91% 5.74% 4.34% 6.46% 5.02% 5.89% 4.45%
Fee No Fee Fee No Fee 6.60% 5.13% 6.03% 4.55% 6.74% 5.23% 6.17% 4.66% 6.86% 5.33% 6.29% 4.76% 7.00% 5.43% 6.43% 4.86% 7.14% 5.54% 6.57% 4.96% 7.25% 5.63% 6.68% 5.06% 7.37% 5.72% 6.80% 5.15% 7.48% 5.81% 6.91% 5.24% 7.61% 5.90% 7.04% 5.33% 7.72% 5.99% 7.15% 5.42% 7.85% 6.09% 7.28% 5.51% 7.94% 6.17% 7.37% 5.59% 8.04% 6.25% 7.47% 5.67% 8.16% 6.33% 7.58% 5.75%
50 51 52 53 54 55 56 57 58 59 60 61 62 63 64
65 66 67 68 69 70 71 72 73 74 75 76 77 78
79 8.25% 6.41% 7.68% 5.83% 80+ 8.35% 6.49% 7.78% 5.91%
The annual income payment equals the IAV on the day the income payments begin, multiplied by the benefit payout percentage applicable to the contract owner’s age (if joint payout is elected, whoever is youngest) at the time of election.
If, on the day before income payments are to begin, the Contract Value is greater than the IAV, American Equity will increase the IAV to equal the Contract Value.
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