Income growth will make you do a double take If you aren’t planning to retire right away, leaving your initial premium in Safe Income Advantage can give you a significant advantage in retirement – doubling your income base in just 10 years. When you turn on income, you can choose to give yourself a raise each year. And if you’re ever unable to complete 2 of 6 activities of daily living and otherwise qualify, whatever your income has grown to at that time can double again thanks to the impairment multiplier.
Enhanced GMWB payments
31,000
$29,554
Income payments can double again if eligible for the impairment multiplier 1
26,000
$28,409
21,000
Income payment grows until turned on (can double in 10 years)
16,000
$14,277
$10,121
11,000
Income payments can continue to grow for life 2 under the increasing income option
6,000
1,000
50
55
60
65
70
75
80
85
90
Income deferral period
Income with doubler at age 71
Increasing income
1 If specific qualifications for impairment are met (see rider for details) and the account value is greater than zero, withdrawal payments increase by 2X (1.5X if joint contract). Feature is subject to state availability. 2 Increasing income payments will stop when the account value becomes $0. This graph assumes an initial premium of $100,000, that no withdrawals are taken during the deferral period, and that no excess withdrawals are taken during the withdrawal period. It also assumes an increasing income of 3.50% and a deferral period of 10 years, after which time the guaranteed income payments commenced immediately after the policy anniversary. At age 71, the client became eligible for the enhanced guaranteed income payments. The example rates may not reflect those currently available. This hypothetical example is for illustrative purposes only and not intended to be the performance of any specific product.
5
Fidelity & Guaranty Life Insurance Company
ADV2780 (03-2022)
Rev. 11-2023 23-1448
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