Discover Core Income 7® Annuity The Core Income 7 ® Annuity with the Core Income Benefit rider 1 helps address both halves of the retirement equation: accumulating retirement savings and receiving guaranteed lifetime income. It offers: • Potential for indexed interest based on changes in an external market index, • Protection of your principal and credited interest from market losses, • Increasing income withdrawal percentages with every year you hold your contract before starting income withdrawals, 2 and • Choices for receiving lifetime income withdrawals – including predictable income or income that can increase each year.
1 The first contract year’s annual charge for the Core Income Benefit rider is 1.25% of the contract’s accumulation value. After the first contract year, the annual Benefit rider charge can change, but it will never be greater than the maximum Benefit rider charge of 1.25%. With the purchase of any additional-cost riders, the contract’s values will be reduced by the cost of the rider. This may result in a loss of principal and interest in any year in which the contract does not earn interest or earns interest in an amount less than the rider charge. 2 Begins at age 45 and continues until lifetime withdrawals begin. If joint lifetime withdrawals are chosen, the age of the younger person will be used.
3
Made with FlippingBook - Share PDF online