What do you have in mind when you picture retirement? Some of us look forward to traveling, while others are simply ready to relax and enjoy time at home with family. The possibilities are endless, but making your dreams a reality takes careful planning and preparation — a strategy.
We’re here to help, with a solution designed to boost your income for retirement — MarketPower Bonus Index® Annuity.
HOW DOES A FIXED INDEX ANNUITY WORK? A fixed index annuity (FIA) — like MarketPower Bonus Index® — is a product designed to provide you income for retirement through interest earned on market indices. Your money is never exposed to downside market risk. In fact, you share only in the gains, not the losses. Growing your Accumulation Value It starts by choosing your index accounts and crediting strategies, providing you the ability to diversify your retirement strategy. Then, on appropriate contract anniversaries, “index credits” are determined on these accounts and applied to your contract’s current Accumulation Value. If the index value increases, your Accumulation Value grows. If the index value declines, your Accumulation Value will simply remain unchanged from the previous period’s Accumulation Value. Index credits will never be less than zero.
If index declines
Growth
Accumulation Value remains unchanged
Time
Index
Accumulation Value
What about bonus FIAs? The bonus isn’t only in the name. Bonus FIAs apply a percentage bonus to your premium. With MarketPower Bonus Index®, EquiTrust immediately credits your annuity an extra 10% on any premiums you pay during the first contract year.
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