Is this annuity the right choice for me? Income Driver 7 may be a good choice to grow your retirement savings while protecting your principal — and get a guaranteed lifetime income. I want to retire on my terms and not be dependent on the market. • Take advantage of stock market gains without worrying about losing a penny on your principal. I’m looking for a secure way to grow my retirement savings. • Choose between multiple index crediting strategies with strong growth potential (or a fixed rate account). • Increase your interest potential with Rate Booster. • Grow your retirement savings tax-deferred. • Spread index crediting over 12 months, using Dollar Cost Averaging. I’d like a predictable guaranteed lifetime income. • Know exactly how much you will receive when you activate the Guaranteed Lifetime Income Rider.
I may require access to my money. • Activate the Guaranteed Lifetime Income Rider at any time.
Without activating the GLIR, you can also: • Withdraw up to 10% of your accumulation value without a withdrawal charge, starting in year 2. 11 • Use the Nursing Care Rider or Terminal Illness Rider to access a portion of your accumulation value without a withdrawal charge if you become confined to a nursing care facility or are diagnosed with a terminal illness, starting in year 2. 12 • Use the Emergency Access Waiver to have all withdrawal charges waived for 403(b) hardship or 457(b) unforeseen emergency distributions, if approved by the Plan/TPA. For separation from service or disability, withdrawals up to 20% of the accumulation value in years 2-4, and all withdrawals starting in year 5, don’t incur a withdrawal charge. To use this waiver, the policy must have been in force for at least one year. 13
What Happens After I Die? With Income Driver 7, your named beneficiaries can avoid the expense, delay, and publicity of probate. If you are the Annuitant and you die while this annuity is in force, the full accumulation value will be paid to your beneficiary without withdrawal charges.
Other Information
Issue Ages:
45-85
Minimum Premium: Maximum Premiums:
$25,000
Ages 45-70: $2,000,000 Ages 71-75: $1,500,000 Ages 76-80: $1,000,000 Ages 81-85: $500,000 Higher amounts available with home office approval.
TC139026(0124)3
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