Powerful growth strategies With Secure Horizon Choice, you can customize your growth strategy according to your retirement needs. You have the opportunity to earn interest based on the positive performance of one or more broadly diversified U.S. and global indices. 3 Interest credits, if any, are calculated based on the strategy option you select. Any interest credited at the end of the strategy term is based on positive index performance and crediting strategy components. In addition, premium allocated to the Fixed Account will earn the current interest rate, which is credited daily.
Your growth strategy, your way
Secure Horizon Choice offers a growth opportunity with index account options that track the performance of one or more domestic and global index options you select. In addition, Secure Horizon Choice offers the following crediting strategies:
Annual point-to-point with Participation Rate: The annual point-to-point with Participation Rate option tracks the performance of an index over a one year term and can credit interest annually at the end of the strategy term. The Participation Rate is a percentage of index growth used to calculate your interest earnings. Annual point-to-point with cap rate: The annual point-to-point with cap rate option tracks the performance of an index over a one year term and can credit interest at the end of the strategy term. The index growth, if any, is subject to an index cap rate which is the maximum amount of interest credits you can receive. At the end of each year, a new cap rate will be declared and is guaranteed to be the same or higher than the guarantees listed in your contract.
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Performance Strategy Ladder with Participation Rate: The Performance Strategy Ladder takes advantage of higher Participation Rates associated with longer terms and offers powerful growth opportunities. The Performance Strategy Ladder provides a series of scheduled transfers over a 5- or 7-year ladder period. Initially, 20% of your premium is divided into five buckets. The first bucket allocates to a 1-year term, the second to a 2-year term, all the way through the 5th bucket allocating to a 5-year term. At the end of the initial strategy term, each bucket transfers into a 5-year term or into a term length equal to the years remaining in the 5- or 7-year strategy ladder period. At the end of the ladder period, the funds will transfer to a 1-year term. 4 You may only transfer out of the Performance Strategy ladder to another available annual point-to-point option at the end of a term. You have the opportunity to further enhance your growth potential by adding a Strategy Charge to several of these strategies. 5 In exchange for the Strategy Charge, you receive a higher Participation Rate. The Strategy Charge is known as a Strategy Charge Annual Percentage in the contract. The Strategy Charge amount is determined by the Strategy Charge for the applicable index account value multiplied by the index account value and is deducted on each contract anniversary from the index account value. This may result in an overall reduction of the accumulation value if the interest credit is less than the Strategy Charge.
3 Not all strategies may be available for every index. 4 Funds will transfer to a 1-year term with the index and Strategy Charge option that was chosen at issue. 5 Not available with the Annual Point-To-Point with Cap or the Fixed Rate Strategy.
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PRT 1-23
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