Target Income 10 ® can help define your retirement future A first step to defining your future could be securing retirement income you can count on. Target Income 10 ® is an insurance product that is designed to help you meet your long-term retirement needs. It offers protection for your money against a market downturn, with the opportunity for it to grow tax-deferred. It enables you to earn interest based on the performance of a specific market index, or a combination of indexes. Target Income 10 ® also has a built-in Guaranteed Lifetime Withdrawal Benefit (GLWB) rider that that provides the security of knowing exactly what your guaranteed lifetime income will be, and the flexibility to take income at any time. Available for a fee to investors as young as age 50, the GLWB guarantees that you (or you and spouse) will get retirement income payments for life, even if the contract value drops to zero.
Target Income 10 ® provides:
Income
Protection
Growth
You need income you can depend on, and Target Income 10 ® has that covered. The built- in GLWB gives you the confidence of knowing that you won’t outlive your income when you retire. The GLWB also accelerates the growth of your income benefits with: • A 20% bonus paid on first-year premiums • 10% roll-up bonus added each year for the first 10 years • Income payments that increase with your age
Your gains are locked in each year, meaning you can’t lose any of your premium or any previously credited interest due to market downturns or sudden market swings.
You’ll have access to crediting strategies to help your money grow— multiple index options and one fixed account option. You can diversify your annuity by choosing one or a combination of strategies. And you won’t pay taxes on gains until you withdraw them. The combination of compounded gains and a potentially lower tax bracket after you retire can help make your retirement savings go farther.
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Delaware Life Target Income 10 ® Fixed Index Annuity
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