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Type of Annuity

Single Premium Multi-Year Guaranteed Annuity

Issue Age


Type of Money

Non-Qualified, Traditional IRAs, Roth IRAs, SEP-IRAs, and Inherited IRAs

Minimum Premium Amount


Interest Rate Guarantee Periods

Your choice of 3, 4, 5, 6, 7, 8, 9, or 10 year Guarantee Periods

Certain Guarantee Periods may not be available. Please confirm availability with your financial professional.

Interest Rate Bands

Ask your financial representative to provide you with the current interest rate at the time of your application. Interest is credited and compounded daily.

Your interest rate is dependent upon your single premium payment amount and is locked in for the duration of the initial Guarantee Period you selected.

Band #1: $25,000-$99,999.99
Band #2: $100,000-$249,999.99
Band #3: $250,000+

Penalty-Free Partial Surrender Amount
  • 5% of the Accumulation Value1,2 may be withdrawn ($100 minimum) without surrender charge or Market Value Adjustment (MVA) after the first Contract Year.
  • Penalty-Free Partial Surrender Amount is NOT cumulative. In addition, it is not tied to Required Minimum Distribution Amounts, which may be more or less than the Penalty-Free Partial Surrender Amount. Any withdrawals above the Penalty-Free Partial Surrender Amount are subject to a surrender charge and MVA.
Surrender Charge Schedule
The Surrender Charge is assessed on any amount withdrawn, either as a partial or full surrender, that exceeds the Penalty-Free Partial Surrender Amount applicable and may result in a loss of premium. Surrender Charge structure may vary by state.
Surrender Charges for Guarantee Period
1 2 3 4 5 6 7 8 9 10
3 9% 8% 7%              
4 9% 8% 7% 6%            
5 9% 8% 7% 6% 5%          
6 9% 8% 7% 6% 5% 4%        
7 9% 8% 7% 6% 5% 4% 3%      
8 9% 8% 7% 6% 5% 4% 3% 2%    
9 9% 8% 7% 6% 5% 4% 3% 2% 1%  
10 9% 8% 7% 6% 5% 4% 3% 2% 1% 0.50%

Surrender Charge Schedule is based on the length of the current Guarantee Period and how long you've been in the current Guarantee Period.

Surrender Value
The Surrender Value is the amount that is available at the time of surrender. The Surrender Value is equal to the Accumulation Value, subject to the MVA, less applicable surrender charges and state Premium Taxes, if applicable. A surrender during the Surrender Charge Period could result in loss of premium. The Surrender Value will never be less than the minimum requirements set forth by the state laws at the time of issue in the state where the Contract is delivered.

Market Value Adjustment (MVA)

May decrease or increase Surrender Value depending on the change in the MVA Index Value of the MVA External Index since annuity purchase. With an MVA, Surrender Values generally decrease when the MVA External Index rises and generally increase when the MVA External Index decreases over time. The MVA is applied during the initial Guarantee Period and each subsequent Guarantee Period to surrenders exceeding the applicable penalty-free amount. See the "Understanding the Market Value Adjustment" brochure (may vary by state).

Death Benefit

No surrender charges nor MVA are applied at death. See Contract for details.


1 Accumulation Value as of the prior Contract Anniversary.

2 Premium Taxes: Accumulation Value will be reduced for Premium Taxes as required by the state of residence.

Note: The LiveWell® Guarantee Annuity is not available in all states and may vary by state.


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The term financial professional is not intended to imply engagement in an advisory business in which compensation is not related to sales. Financial professionals that are insurance licensed will be paid a commission on the sale of an insurance product.

Please click here to view important product-specific disclosures for the LiveWell® Guarantee Annuity.