GROW YOUR RETIREMENT SAVINGS
IN ADDITION TO PROTECTING YOUR RETIREMENT SAVINGS FROM LONGEVITY AND LOSS OF PRINCIPAL, IT IS ALSO A GOOD IDEA TO HAVE A STRATEGY IN PLACE TO HELP BUILD ADDITIONAL SAVINGS.
Accumulated Index Account Value Accumulated Index Value Total Guaranteed Value
THE POWER OF TAX DEFERRAL In an annuity, everything you earn is tax- deferred, which may help your money grow faster. Your annuity’s tax-deferred earnings are not included in your combined income when determining the amount of your Social Security income that is subject to taxes. If you purchase your annuity with after-tax funds, only a portion of your annuity income will be taxable. 6 INDEXED ACCOUNTS CAN HARNESS MARKET UPSIDE Nassau Personal Protection Choice offers a choice of 16 indexed accounts to allocate your premium, giving you the flexibility to select those that best fit your current risk tolerance. When the index associated with your indexed account experiences positive performance over the segment duration, the account may be eligible for “index credits,” depending on how the account measures performance and the rate used to calculate the index credit. This means your potential returns can be significantly higher than a standard fixed rate of return. These indexed account strategies offer a level of diversification with different measures and durations of market performance, and by the rate used to calculate the index credit. PRINCIPAL PROTECTION A fixed indexed annuity provides opportunity to benefit from the growth of the market without downside risk. Your account value may increase as a result of positive performance of a market composite index. Certain indexed accounts and Income, Care and Family Protection riders involve fees if elected. In cases where a 0% interest credit is earned, your contract value will be reduced by applicable fees.
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This hypothetical illustration is meant only to demonstrate how the account crediting method is designed to work. It does not reflect any applicable rider or strategy fees and is not a promise or projection of future returns. Actual index values vary daily. Past index performance does not guarantee future results. It is possible to receive a 0% index credit for any or all segment durations. It is also possible for the account value to decrease if index credits are less than strategy fees.
Cap rate: Maximum percentage increase credited to the account, based on positive index performance. Index performance is measured by the index value at the segment’s beginning compared to the index value one year later, or by the sum of 12 monthly percentage changes in the index value. Participation rate: Percentage of increase in the index value used to determine the index credit. Spread rate: The spread is subtracted from the percentage increase in the index to determine the index credit. Sunrise with participation: The 1- and 2-year Sunrise Smart Passage SG indexed accounts measure the percentage change in the index after the best monthly return for each year in the segment is set to zero (the “Sunrise Adjustment”). The participation rate declared at the segment’s start is then applied to determine the index credit. Higher participation rates are possible due to the Sunrise Adjustment, but if the growth is concentrated in one or two months, it may underperform other strategies. Enhanced participation rate: A higher participation rate offers greater growth potential. Includes a strategy fee of 1.00% per year (subject to change for future segments) which is calculated at the end of the segment before any index credit is applied. A pro-rated strategy fee will apply to withdrawals in excess of the Free Withdrawal Amount. It is possible for the account value to decrease if index credits are less than strategy fees.
6. A nnuities are meant to be long-term products. When you do make a withdrawal, your account value will be reduced accordingly, and all subsequent index credits will be based on the remaining account value. Withdrawals may be subject to federal or state income tax and an additional 10% federal penalty if they are taken prior to age 591/2. This is not tax advice and you should consult with a tax professional for advice based on your individual circumstances. 04 PAGE Rates are set at the beginning of a segment and guaranteed for its duration. Rates are subject to periodic change and may be different at the beginning of each new segment. Consult an insurance producer to learn the current rates for each of the accounts.
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