Index strategies and crediting options
Access to your money When you transition to retirement, PrimeStart Bonus 10 SM gives you the flexibility to receive income in several ways, in addition to guaranteed lifetime income. If an unexpected situation arises where you need access to your money, you have options.
With PrimeStart Bonus 10 SM , you can choose to invest your money in one or a combination of strategies. The money you allocate to any index strategies has the potential to grow based on the underlying performance of your chosen indexes 1 , measured from the beginning to the end of your 1-year term. This is called “point-to- point” crediting. So, if your chosen index strategy rises, your account is credited with interest that represents a portion of the gain. If the index strategy falls, you may not receive any interest–but neither will you sustain any loss. Instead, any earnings from the previous year are “locked in” and protected. For an additional annual fee of 1.00%, you may also select from Enhanced Index Account Options, which offer higher crediting rates, giving you the opportunity to grow your savings even faster.
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Free withdrawals: you can take up to 10% of the total premium payments during the first contract year. After the first contract year, you may take up to 10% of the last contract anniversary value. Both options are free of surrender charges, any applicable Market Value Adjustment (MVA) and Premium Bonus Recapture. You have the flexibility, should you need it, to take more than your free withdrawal amount. If you elect to withdraw more, please note that surrender charges, a Market Value Adjustment (MVA) and a Premium Bonus Recapture may apply. Turn your annuity into an income stream: You also have the option to annuitize your contract. PrimeStart Bonus 10 SM offers several annuity payout options, including income for life or for a specified period, for you, or you and your spouse (if you purchase a joint contract).
Strategy
Asset Classes Crediting Options
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1-year Point-to-Point with Cap 1-year Point-to-Point with Enhanced Cap (with Fee) 1-year Performance Trigger 1-year Enhanced Performance Trigger (with Fee) 1-year Point-to-Point with Participation Rate 1-year Point-to-Point with Enhanced Participation Rate (with Fee) 1-year Point-to-Point with Flex-Lock Participation Rate 2 1-year Point-to-Point with Enhanced Flex-Lock Participation Rate (with Fee) 2 1-year Point-to-Point with Enhanced Flex-Lock Participation Rate and Volatility Limit (with Fee) 2 1-year Point-to-Point with Flex-Lock Participation Rate and Volatility Limit 2 1-year Point-to-Point with Enhanced Flex-Lock Participation Rate and Volatility Limit (with Fee) 2 1-year Point-to-Point with Flex-Lock Participation Rate, Boost and Knockout 2 1-year Point-to-Point with Enhanced Flex-Lock Participation Rate, Boost and Knockout (with Fee) 2
S&P 500 ® Index
U.S. Equity
Surrender charge exceptions
Required Minimum Distributions (RMDs)
If you are required to take a RMD, and that RMD is more than your 10% free with- drawal, you may take the entire RMD without a surrender charge.
U.S. Equity and Treasuries
Goldman Sachs Canopy Index
Nursing Home Waiver 1 You may take a one-time withdrawal from your annuity, after the first contract anniversary, without a surrender charge if you are confined to a hospital or nurs- ing facility for at least 90 days, as long as the contract is purchased before your 76th birthday. Terminal Illness Waiver 1 After a period of one year, you may take a one-time withdrawal from your annuity without a surrender charge to pay for hospice care.
U.S. Equity, Bonds and Commodities
First Trust Capital Strength ® Barclays 10% Index
U.S. Equity and Treasuries
Franklin SG Select Index
1-year Fixed Rate
Fixed Income Annual
1 Index strategies may include limitations to growth experienced by an index by applying specific controls; for example, a Cap Rate, a Participation Rate or other applicable factors. 2 Index Accounts that include a Flex-Lock feature will not be available for renewal at the end of the Surrender Charge Period. You may send us new allocation instructions by the date provided in the applicable renewal notice. If we do not receive new instructions, we will automatically reallocate any Account Value in a Flex-Lock Index Account to the same Index Account without a Flex-Lock.
Withdrawals are taxed as ordinary income and, if taken prior to age 59½, there may be a 10% federal tax penalty. Withdrawals will reduce the account value and may result in a surrender charge, market value adjustment (MVA) and Premium Bonus Recapture. 1 Must meet certain criteria. Subject to state availability. Please refer to the contract for details.
Delaware Life PrimeStart Bonus 10 SM Fixed Index Annuity
Delaware Life PrimeStart Bonus 10 SM Fixed Index Annuity
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