Additional benefit of the Total Control rider
Activities of daily living (ADL) LPA multiplier The Total Control rider includes a withdrawal benefit rider and an ADL benefit rider. The withdrawal benefit rider provides you with a way to receive LPA amounts guaranteed for life even if your accumulation value is reduced to zero. The ADL benefit rider allows you the potential to enhance your existing LPAs. Review your annuity contract for full details. Double lifetime payment amount income streams when you need it most While nobody likes to think about it, the potential cost of personal care can take a substantial bite out of retirement savings. This, in turn, can have a negative effect on ongoing retirement income. With the activities of daily living (ADL) LPA multiplier benefit of your NAC Control. X fixed index annuity, you have the option to receive an increased lifetime payment for up to 5 annual payments (or until the accumulation value has been depleted). These payments can be used to help with personal care costs.
Before qualification
Qualifications 1 met and ADL LPA multiplier elected
ADL LPA multiplier feature ends
Contract year 7 $20,000
Contract year 8 $20,000
Contract year 9 $20,000
Contract year 10 $20,000
Contract year 11 $20,000
Contract year 5 $10,000
Contract year 6 $10,000
Contract year 12 $10,000
This hypothetical example is for illustrative and educational purposes only. 1. For full ADL definitions and qualifications please refer to the disclosure.
Key points of other features Liquidity options
Nursing home confinement waiver (Not available in all states) After the first contract anniversary, if you are confined to a qualified nursing care center as defined in the rider, you may withdraw up to 100% of your accumulation value without a surrender charge or MVA as long as you meet the eligibility requirements for this rider. If you withdraw 100% of your accumulation value, your contract and any applicable riders will terminate. This waiver is automatically included with your annuity at no additional charge. Refer to the waiver rider for additional details, including benefit terms, conditions, and limitations.
If you need access to funds, NAC Control. X has different liquidity provisions that can help you when you may need it. Penalty-free withdrawals NAC Control. X allows you to access a portion of funds each year without incurring a surrender charge and Market Value Adjustment (MVA). Starting in the second contract year, you may choose to take a penalty-free withdrawal of up to 10% of the beginning of the year accumulation value annually. Withdrawals may be treated by the government as ordinary income. If taken before age 59 1/2, you may be subject to additional IRS penalties for early withdrawal.
35949Z-1
8
PRT 2-24
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