Global Atlantic Fore Income

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ForeIncome II Fixed Index Annuity Issued by Forethought Life Insurance Company

Your retirement could last 30+ years. ForeIncome II fixed index annuity can help you build a guaranteed “paycheck” for life.

Not a bank deposit Not FDIC/NCUA insured Not insured by any federal government agency No bank guarantee May lose value Not a condition of any banking activity

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ForeIncome fixed index annuity gives you:

Whatever “retirement” means to you, one thing’s for sure: you’ll need a source of income that’ll last as long as you do. If you’re looking to secure a source of retirement income that’ll be there no matter how long your retirement lasts, consider a ForeIncome fixed index annuity.

A “retirement paycheck” you can’t outlive

ForeIncome fixed index annuity can provide you with lifetime income that’ll keep coming – even if your retirement lasts 10, 20, or 30+ years. 1

Personalized growth potential With ForeIncome fixed index annuity, you can tailor your contract according to your needs through various fixed and/or index-linked interest crediting strategies. And you can choose from dierent options to receive your income.

Down market protection

No matter how you choose to potentially grow your money, negative market performance won’t reduce it.

What is a fixed index annuity (FIA)?

• An FIA is a long-term savings vehicle that oers tax-deferred potential growth that may be linked to a market index (or indices). • FIAs are insurance contracts, not registered securities or stock market investments – you’re never invested in the index itself with an FIA.

• FIAs (like ForeIncome) typically feature downside market protection.

• An FIA may help oset the ups and downs of equities (like mutual funds) in a retirement strategy.

1 Assuming no excess withdrawals. Early withdrawal charges and Market Value Adjustments (MVA) may apply. Withdrawals may reduce any optional guaranteed amounts in an amount more than the amount of the withdrawal.

Guarantees are based on the claims-paying ability of Forethought Life Insurance Company and assume compliance with the product’s benefit rules, as applicable.

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How does ForeIncome FIA work? Your ForeIncome FIA contains two different buckets: one for your contract value and another for the Withdrawal Base. The contract value is your annuity account balance and the Withdrawal Base is a figure that’ll help determine your future income. 1 These different buckets have the potential to grow over time as you accrue interest, though they grow at different rates.

How is the guaranteed lifetime income payout calculated? When you choose to start your income, your income payments are based on the Withdrawal Base growth option you originally selected, the amount your Withdrawal Base has grown to, your current age, and whether you elect single or joint-lifetime guaranteed lifetime income. 1,2,3

Ready to activate your guaranteed lifetime income? You only have to make two decisions: 1. When you’d like to start receiving lifetime income. 2. If the lifetime income will be paid to just yourself, or to both yourself and your spouse.

Although you’re not invested directly in an index, your contract value accrues interest based on index performance. Meanwhile, your Withdrawal Base may grow using one of two optional strategies, available for an additional cost, both of which provide powerful income growth potential.

Contract Value

Withdrawal Base*

Imagine this: you purchase a ForeIncome FIA and choose the optional Income Multiplier Benefit to grow your Withdrawal Base.

$260,000 Years 6.10% Years x

$260,000 Years

$15,860

Based on the Income Multiplier Benefit lifetime income percentages on page 9 , you and your spouse would receive 6.10% of your $260,000 Withdrawal Base – $15,860 – every year for the rest of your lives.

That means that even after you pass, your spouse will keep getting that same $15,860 every year for life too. And with the Income Multiplier Benefit option, those payments may even increase after you start receiving income. One year after you activate your Income Multiplier Benefit, unfortunately, your spouse experiences an unexpected health setback.

By the time you’re 72, your Withdrawal Base grows to $260,000 and you decide to activate your income. You choose joint-lifetime income for you and your spouse.

Year

23456 78910

* Graph is reflective of the optional Guaranteed Income Builder Benefit selection. This hypothetical is no guarantee of future results. Actual results may vary.

1 The income multiplier benefit is included on date of issue for an annual charge of 1.05% of the Withdrawal Base at the end of each contract year. The Withdrawal Base is a separate numerical value used to help determine the amount of future income. It is not available for cash surrender or as a death benefit. 2 Income Multiplier Benefit Lifetime Withdrawal Percentages eective 06/12/2023. Joint-life income is based on the younger age on the income start date. 3 Assuming no excess withdrawals. An annuity that provides bonus or multiplier features may oer higher or lower strategy parameters on applicable index strategies, such as index caps, than a product that doesn’t oer those features. Over time and under certain scenarios, the amount of the bonus or multiplier may be oset by these dierences. Guarantees are based on the claims-paying ability of Forethought Life Insurance Company and assume compliance with the product’s benefit rules, as applicable.

1 The income benefit is included on date of issue for an annual charge of 1.05% of the Withdrawal Base at the end of each contract year. The Withdrawal Base is a separate numerical value used to help determine the amount of future income. It is not available for cash surrender or as a death benefit.

Guarantees are based on the claims-paying ability of Forethought Life Insurance Company and assume compliance with the product’s benefit rules, as applicable.

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Additional income for the unpredictable

How do you continue to receive guaranteed income for life? When you start receiving income, lifetime income payments come from the contract value, not the Withdrawal Base. As long as you don’t take excess withdrawals, your income never goes down due to lifetime income payments, and may potentially go up, for as long as you (and your spouse too, if joint income is selected) live, even if your contract value is depleted.

The Income Enhancement Benefit ,1,2 , will double your guaranteed lifetime income for up to five years should you or your spouse face a qualifying healthcare need 3 – included at no additional cost. Here are the details:

• The Income Enhancement Benefit is a benefit for both single and joint lifetime income.

• You must be 75 or younger at the time of the ForeIncome FIA purchase.

• The benefit may only be elected after guaranteed income has been activated. 3,4

• You must be certified by a licensed healthcare practitioner as being unable to perform at least two of the six Activities of Daily Living (ADLs) to be eligible for the Income Enhancement Benefit. 5 • Once the benefit period ends, you return to receiving the original guaranteed income amount for the rest of your life. 6

Here’s how:

When you begin receiving income…

Withdrawal Base

Contract Value

Your income is based on the size of your Withdrawal Base (which never goes down due to lifetime income payments and may potentially even go up 1 ).

Your income comes from your contract value. But even when depleted, you’ll still get lifetime income.

$31,720

$15,860 2 Years x $31,720

$15,860

$15, 860

What are the two Withdrawal Base growth options?

While your spouse recovers over the course of the next five years, you receive $158,600 in total. That is an extra $79,300 that may be used to help afford your spouse’s unforeseen healthcare expenses. At the end of the Income Enhancement Benefit period, you both return to receiving your annual income payments of $15,860 for the rest of your lives. 6

You and your spouse visit your licensed healthcare practitioner, where they certify that your spouse is unable to perform at least two of the six ADLs. Knowing there will likely be new healthcare expenses, you decide to activate the Income Enhancement Benefit 3 at no extra cost, providing you with $31,720 each year for up to five years. 5

Initially, your Withdrawal Base amount is the same as your contract value. But over time, your Withdrawal Base may grow through one of two growth options 1,2 :

The Income Multiplier Benefit

The Guaranteed Income Builder Benefit

Six Activities of Daily Living (ADLs) • Bathing • Eating • Continence • Dressing

Builds your Withdrawal Base with steady 12% annual growth for up to ten years or until income activation, whichever is earlier.

• Transferring • Toileting

Adds 2X any interest credits your contract value earns to your Withdrawal Base before income starts and 1X after.

1 State variations apply. The Rider is not long-term care insurance and is not intended to replace such coverage. It is referred to as the Annual Payment Accelerator Rider in the contract. 2 The benefit is available only if your contract value is above the minimum allowed under the Income Enhancement Benefit. 3 The contract value must exceed the greater of a) the Minimum Contract Value; and b) the doubled Lifetime Annual Payment (LAP) at the time of activation and on each Contract Anniversary in order to exercise/continue the benefit or else it will be terminated. 4 There is a one-year waiting period and a 90-day elimination period prior to receiving benefits. 5 Recertification by a healthcare professional is required prior to years three, four, and five, if applicable. 6 Once the Income Enhancement Benefit period ends, a new benefit period is no longer available. The Income Enhancement Benefit may be used only one time per contract. Guarantees are based on the claims-paying ability of Forethought Life Insurance Company and assume compliance with the product’s benefit rules, as applicable.

1 If the optional Income Multiplier Benefit is selected. 2 The income benefit is included on date of issue for an annual charge of 1.05% of the Withdrawal Base at the end of each contract year. The Withdrawal Base is a separate numerical value used to help determine the amount of future income. It is not available for cash surrender or as a death benefit. 3 Under either options 1 or 2, the Withdrawal Base at issue equals your premium payment. It is important to note that the Withdrawal Base is separate from contract value and is not available for cash surrender or as a death benefit.

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The potential for powerful rising income.income.

Income Multiplier Benefit lifetime withdrawal percentages 1 With this option, you decide when to activate your income. At age 67, 72, 80 or whenever – it’s up to you . When the benefit is activated, you’re guaranteed a percentage of the Withdrawal Base annually, based on your age and whether you choose single- or joint-life income. Here are the latest percentages.

The Income Multiplier Benefit , if selected, offers potential for powerful interest crediting towards your Withdrawal Base to help you build your future income. Designed to help offset the risk of inflation, this option works in two stages – the building income and the taking income stages. 1,2,3,4

Building income stage

Taking income stage After income starts, 1X any interest credits your contract value may earn are added to your Withdrawal Base to increase your income (and if no credits, your Withdrawal Base and income stays level).

Income Age

Single Life

Joint Life

Income Age

Single Life

Joint Life

During this stage, 2X any interest credits your contract value may earn are added to your Withdrawal Base for future income.

6.70%

6.20%

4.80%

4.30%

6.80%

6.30%

4.90%

4.40%

Income Activation

7.00%

6.50%

5.00%

4.50%

7.10%

6.60%

5.10%

4.60%

7.20%

6.70%

5.20%

4.70%

7.30%

6.80%

5.40%

4.90%

7.40%

6.90%

5.50%

5.00%

7.60%

7.10%

5.60%

5.10%

7.70%

7.20%

5.70%

5.20%

7.80%

7.30%

5.80%

5.30%

7.90%

7.40%

5.90%

5.40%

8.00%

7.50%

6.00%

5.50%

8.20%

7.70%

6.10%

5.60%

8.30%

7.80%

6.20%

5.70%

1 2 3 4 5 6 7 8 9101112131415 Year

8.40%

7.90%

6.30%

5.80%

8.40%

7.90%

Withdrawal Base

Interest Credits

6.40%

5.90%

8.40%

7.90%

This hypothetical is no guarantee of future results. Actual results may vary.

6.50%

6.00%

90+

8.40%

7.90%

6.60%

6.10%

1 The income benefit provides guaranteed lifetime income called Lifetime Annual Payments (LAP) that are determined as a percentage of the Withdrawal Base at the time of income activation. The percentage is called the Lifetime Withdrawal Percentage (LWP), is based upon age at income activation, and is locked in for life when income begins. LWPs vary based on single or joint income. 2 For contracts issued prior to age 50, the Deferral Bonus and Withdrawal Base increases will not apply until the first contract anniversary following attainment of age 50 and the benefit fees will not be assessed until the first contract anniversary following attainment of age 50. Upon the contract anniversary following the attainment of age 50, the first Deferral Bonus will be applied and benefit fees will be assessed. The Withdrawal Base and Deferral Bonus Base will initialize at the contract value on the contract anniversary prior to 50th birthday. For Joint owned contracts, the youngest owner’s age is used. 3 With the Income Multiplier Benefit option, Withdrawal Base increases are a multiple of the dollar amount of interest credits to your account value in a given year. Prior to activating the benefit, a Deferral Bonus will not be credited in years where a withdrawal occurs. After activation, a bonus will not be credited in years where withdrawals exceed the Lifetime Annual Payment. No bonus will be credited after the Income Phase Bonus Period. The Income Phase Bonus Period is the period during which LAP withdrawals continue to be deducted from the contract value. 4 Interest credits received are based on the interest crediting strategy selected. There is the potential for 0% crediting during any strategy term. Interest Rates are set at the Company’s discretion. The Company has the discretion to set various levers associated with the index returns, actual results may vary.

And you don’t have to pick single or joint-life until you start your income.

1 Income Multiplier Benefit Lifetime Withdrawal Percentages eective 06/12/2023. Joint-life income is based on the younger age on the income start date

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Powerful guaranteed growth. The Guaranteed Income Builder Benefit , if selected, gives you a guaranteed 12% added to your Withdrawal Base for up to ten years or until you activate income, whichever comes first. For example, a $100,000 ForeIncome FIA purchase would mean $12,000 added to your Withdrawal Base annually – even if you delay starting your income for up to 10 years. 1,2,3

Guaranteed Income Builder Benefit lifetime withdrawal percentages 1

Just like with the Income Multiplier Benefit, you choose when to start your income with the Guaranteed Income Builder Benefit.

Taking income stage

Building income stage

When the benefit is activated, you’re guaranteed a percentage of the Withdrawal Base annually, based on your age and whether you choose single- or joint-life income. Here are the latest percentages.

After your income starts, both the Withdrawal Base and your annual income are locked in for life.

During this stage, the Withdrawal Base grows by a guaranteed 12% up to 10 years before you start taking income

Income Age

Single Life

Joint Life

Income Age

Single Life

Joint Life

Withdrawal Base

12% Steady Growth

7.25%

6.75%

4.50%

4.00%

Income Activation

7.25%

6.75%

4.65%

4.15%

7.25%

6.75%

4.80%

4.30%

7.25%

6.75%

4.95%

4.45%

12% Annual Growth

7.25%

6.75%

5.10%

4.60%

7.25%

6.75%

5.25%

4.75%

7.25%

6.75%

5.40%

4.90%

7.25%

6.75%

5.55%

5.05%

7.25%

6.75%

5.70%

5.20%

7.25%

6.75%

5.85%

5.35%

7.25%

6.75%

6.00%

5.50%

7.25%

6.75%

6.25%

5.75%

7.25%

6.75%

6.50%

6.00%

7.25%

6.75%

6.25%

7.25%

6.75%

7.00%

6.50%

7.25%

6.75%

7.25%

6.75%

1 2 3 4 5 6 7 8 910 1112131415 Year

7.25%

6.75%

7.25%

6.75%

90+

7.25%

6.75%

7.25%

6.75%

1 The income benefit provides guaranteed lifetime income called Lifetime Annual Payments (LAP) that are determined as a percentage of the Withdrawal Base at the time of income activation. The percentage is called the Lifetime Withdrawal Percentage (LWP), is based upon age at income activation, and is locked in for life when income begins. LWPs vary based on single or joint income. 2 With the Guaranteed Income Builder Benefit option, the Withdrawal Base grows by a guaranteed 12% roll-up annually, also known as Deferral Bonus, for up to 10 years or until benefit activation whichever comes first. That percentage is of the premium paid, reduced for any withdrawals in proportion to the reduction in contract value and applies to the Withdrawal Base only. The Withdrawal Base is used to determine the withdrawal benefit and is not available for cash surrender or as a death benefit. Withdrawal Base stops growing after ten years or income activation, whichever comes first. A Deferral Bonus will not be credited in years where a withdrawal occurs. 3 For contracts issued prior to age 50, the Deferral Bonus and Withdrawal Base increases will not apply until the first contract anniversary following attainment of age 50 and the benefit fees will not be assessed until the first contract anniversary following attainment of age 50. Upon the contract anniversary following the attainment of age 50, the first Deferral Bonus will be applied and benefit fees will be assessed. The Withdrawal Base and Deferral Bonus Base will initialize at the contract value on the contract anniversary prior to 50th birthday. For Joint owned contracts, the youngest owner’s age is used.

And same thing with choosing single or joint-life – you don’t

have to decide until you activate your payments.

1 Lifetime Withdrawal Percentages eective 01/16/2024. Rates are subject to change. Joint-life income is based on the younger age on the income start date.

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Other advantages of ForeIncome FIA

Ready to add ForeIncome FIA to your retirement strategy?

Your growth is tax-deferred

Your money grows faster with ForeIncome FIA because any growth is tax-deferred until you start taking withdrawals.

With the Income Multiplier Benefit

With the Guaranteed Income Builder Benefit

Your Withdrawal Base may increase over time even after you begin income - but it’ll never decrease (assuming no excess withdrawals).

You can predictably grow your Withdrawal Base no matter how markets perform or interest rates change.

You choose single or joint-lifetime income at the time of activating income Life happens. That’s why we give you the option to receive lifetime income for either yourself or your spouse – not at the beginning of the contract but when you opt to start receiving income.

You can pass on a legacy

Your beneficiaries may receive any remaining contract value as a death benefit.

Talk to your financial professional about ForeIncome FIA today!

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Turn to us when it matters most

With Global Atlantic, you can be confident your security comes first. We are proud to have served millions of consumers who have placed their retirement savings with us, to help them protect their families’ financial futures.

In addition to helping you create a lifetime income “ paycheck ,” we oer strategies to help you:

• Accumulate more for your retirement

• Prevent a long-term care event from derailing your retirement

• Leave money behind to those you love

For more information, please visit globalatlantic.com

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globalatlantic.com

About Global Atlantic

Global Atlantic Financial Group is a leading insurance company meeting the retirement and life insurance needs of individuals and institutions. With a strong financial foundation and risk and investment management expertise, the company delivers tailored solutions to create more secure financial futures. The company’s performance has been driven by its culture and core values focused on integrity, teamwork, and the importance of building long-term client relationships. Global Atlantic is a wholly-owned subsidiary of KKR, a leading global investment firm. Through its relationship, the company leverages KKR’s investment capabilities, scale and access to capital markets to enhance the value it oers clients. KKR’s parent company is KKR & Co. Inc. (NYSE: KKR).

Products and optional features are subject to state and firm availability. State variations may apply. Read the Contract for complete details. Indices are not available for direct investment. A fixed index annuity is intended for retirement or other long-term needs. It is intended for a person who has sufficient cash or other liquid assets for living expenses and other unexpected emergencies, such as medical expenses. A fixed index annuity is not a registered security or stock market investment and does not directly participate in any stock or equity investments or index. Taxable distributions (including certain deemed distributions) are subject to ordinary income taxes, and if made prior to age 59½, may also be subject to a 10% federal income tax penalty. Distributions received from a non-qualified contract before the Annuity Commencement Date are taxable to the extent of the income on the contract. Payments from IRAs are taxable in accordance with the normal rules surrounding taxation of payments from an IRA. This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. The information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult your tax or legal counsel for advice. ForeIncome II fixed index annuity is issued by Forethought Life Insurance Company , 10 West Market Street, Suite 2300, Indianapolis, Indiana. ForeIncome is available with Contract FA1801SPDA-01 and ICC17-FA1801SPDA-01 and rider forms FA4101-01, ICC17-FA4101-01, FA4106-01, ICC17-FA4106-01, FA4107-01, ICC17-FA4107-01, FA4109-01, ICC17-FA4109-01, FA4110-01, ICC17-FA4110-01, FA4115-01, ICC17-FA4115-01, RA23-WCW-01, ICC23-RA23-WCW-01, FA4111-01, ICC17-FA4111-01, FA4112-01, ICC17-FA4112-01, RA23-GLWB1-01, ICC23-RA23-GLWB1-01, RA23-GLWB3-01, ICC23-RA23-GLWB3-01, ICC22-RA22IS-2YP-01, RA22IS-2YP-01, RA23-NCW-01, ICC23-RA23-NCW-01, RA23-TIW-01 and ICC23-RA23-TIW-01. Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries, including Forethought Life Insurance Company and Accordia Life and Annuity Company. Each subsidiary is responsible for its own financial and contractual obligations. These subsidiaries are not authorized to do business in New York. This material is intended to provide educational information regarding the features and mechanics of the product and is intended for use with the general public. It should not be considered, and does not constitute, personalized investment advice. The issuing insurance company is not an investment adviser nor registered as such with the SEC or any state securities regulatory authority. It’s not acting in any fiduciary capacity with respect to any contract and/or investment.

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