Benefit base floor The NAC BenefitSolutions 10 is built upon strong guarantees and the benefit base floor is a great example. Your benefit base floor is contractually guaranteed and will automatically increase by a specified percentage on the fifth and 10th contract anniversaries. These benefit base “step ups” help ensure you have a strong foundation for your assets, whether it is for lifetime payments or a death benefit. It is important to note that any withdrawals, including Required Minimum Distributions (RMD), will reduce the benefit base floor by the same percentage withdrawn from your accumulation value. A foundation for your retirement benefits
150 175
125
175% of premium in Years 11+
150% of premium in Years 6-10
125% of premium in Years 1-5
Benefit base floor $175,000
Benefit base floor $150,000
Benefit base floor $125,000
Hypothetical example assumes $100,000 initial premium and no withdrawals.
A powerful combination Benefit base floor + benefit base increases The real power of the NAC BenefitSolutions 10 for you is during times when interest is credited to your contract, you see that growth build upon your benefit base floor providing both guarantees and growth potential for your retirement benefits.
25436Z
9
REV 8-23
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