account. The LWBA is then recalculated using the original distribution factor and stepped- up benefit base, giving you the opportunity for a greater income stream. • Guaranteed Phase —Once your FlexMark Select policy’s accumulation value plus any vested bonus account reaches zero, the guaranteed phase begins. During this phase, you will continue to receive a steady income stream for life, as selected, even though your annuity’s values have reached zero, addressing concerns about longevity and eliminating any question about how long your income will last. Payments end only upon the death of the last surviving covered person. No additional step-ups will occur during this phase, and no death benefit remains. MyFit Income Rider (Traditional GLWB) —When you purchase your FlexMark Select annuity, you have the option to upgrade your Basic GLWB Income Rider to the MyFit Income Rider for an annual charge. With the MyFit Income Rider, you can select the rider features that fit your retirement income needs to tailor a rider that is personal to you. This rider works in the same manner as the Basic GLWB Income Rider but offers upgraded features, including larger paychecks for life. It also gives you the choice between traditional, level payouts or a lifestyle payout, allowing you to customize your payments to your retirement story. To learn more about the MyFit Income Rider and the lifestyle payout option, please refer to the accompanying MyFit Income Rider brochure. MyFit Income Rider With Booster (Traditional GLWB With Income Booster) —For a truly flexible income rider that can adapt to your changing needs, when you purchase your FlexMark Select product, you have the option to upgrade to the MyFit Income Rider With Booster for an annual charge. This income rider is the same as the upgraded MyFit Income Rider, but has the added benefit of an income booster, which can increase payments if your health declines. For complete details about the MyFit Income Rider With Booster, please refer to the accompanying MyFit Income Rider brochure. This rider is not available in all states.
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