Calculating your Lifetime Annual Income
GUARANTEED LIFETIME WITHDRAWAL BENEFIT SCHEDULE EXAMPLE
Beginning of Policy Year
Accumulation Value
Income Account Value
Age
Payout
Annuity and optional rider are not available in all states. Contact an agent or visit www.aclico.com for listings. The example to the right assumes an initial premium of $100,000 issued on 12/31/09 allocated to the annual point-to-point strategy, with a 7% premium bonus and a 7% rollup rate. GLWB Payments start at the beginning of year 11. This example is hypothetical only and is meant for illustration purposes. It is not guaranteed or a prediction of future results. This product was not available during the specified time period. The Income Account Value grows based on an annual compound rollup rate of 7% for the first 10 years, and is used to calculate the Income Rider payments and the Rider Charge. If the rollup is renewed after 10 years, the minimum rollup rate is 2%. With the selection of the Income Rider, your lifetime annual income will equal your Income Account Value multiplied by the Payout Factor and will depend on whether or not you are required to take out required minimum distributions under federal tax laws. The Payout Factor is a percentage that is based on whether you elect the Income Rider for you or for you and your spouse. The Payout factor is also based on your age or the age of your spouse when income starts.
1 2 3 4 5 6 7 8 9
55 $107,000 56 $109,563 57 $107,725 58 $110,068 59 $112,367 60 $114,610 61 $112,202
$107,000 $114,490 $122,504 $131,080 $140,255 $150,073 $160,578 $171,819 $183,846 $196,715 $210,485 $198,488 $186,490 $174,492 $162,495 $150,497 $138,499 $126,502 $114,504 $102,506 $90,509 $78,511 $66,513 $54,516 $42,518 $30,520 $18,523 $6,525
- - - - - - - - - -
62
$114,112
63 $115,919 64 $112,969 65 $114,330 66 $102,332 67 $90,335 68 $78,337 69 $66,339 70 $54,342
10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
$11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $11,997.66 $ 11,997.66 $11,997.66 $11,997.66
71
$42,344
72 $30,346
73 74 75 76 77 78 79 80 81 82
$18,349 $6,351
- - - - - - - -
You can take income immediately in the first year if you are at least 55 at issue.
Annual Payout Amount (Guaranteed Lifetime Withdrawal Benefit Payout) $4,815
Payout Factor 4.50%
Income Account Value $107,000
X
=
If you wait 10 Years (Age 65) to take income:
Annual Payout Amount (Guaranteed Lifetime Withdrawal Benefit Payout) $11,997.66
Payout Factor 5.70%
Income Account Value $210,485
X
=
The example assumes an initial premium of $100,000 issued on 12/31/09 allocated to the annual point-to-point strategy, with a 7% premium bonus and a 7% rollup rate. This example is hypothetical only and is meant for illustration purposes. It is not guaranteed or a prediction of future results. This product was not available during the specified time period. ACLIANBR-ICC 041323 5
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