Putting it all together Income 10 offers you choice and flexibility to help make sure your retirement goals are being met. Determine the amount of money to put in your policy You can purchase your Income 10 policy with either a one-time payment, or with multiple payments. Having more money in your annuity gives you more potential to earn a higher rate. You can add money to your policy at any time. The rate bands are based on your policy accumulation value.
Minimum Band
Up to $24,999.99
Low Band
$25,000 - $99,999.99 $100,000 - $249,999.99 $250,000 and above
Medium Band
High Band
Select your index options The interest you earn is linked, in part, to the performance of the indexes you choose. You may choose any combination of four equity indexes. Earnings based on index options are calculated using different methods, depending on the indexes you choose. You also have the option to allocate all or part of your money to a fixed account, which offers a guaranteed 1 interest rate.
Create income that lasts Income 10 offers two GLWB riders to choose from. When you retire, these riders provide you with a steady stream of income while your annuity continues to earn interest. The GLWB riders guarantee 1 that, after age 50, you will receive income payments for life. Even if your policy’s value drops to $0, your lifetime income remains intact.
1 Guarantees are based on the claims-paying ability of Ameritas Life Insurance Corp.
Increase your income Both GLWB riders offer a plus option that you can add for an additional charge when you purchase your policy. With the plus, the amount of your guaranteed lifetime income will double if you are unable to perform 2 of 6 activities of daily living (bathing, dressing, toileting, transferring, continence and feeding).
Annual requalification is required to continue to receive the plus. The plus goes away if you no longer qualify, or your accumulation value becomes zero. This option has a current annual charge of 1.10% (2.00% maximum for Single Life, 2.50% maximum for Joint Spousal).
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