|Type of Annuity||Single Premium Multi-Year Guaranteed Annuity|
|Type of Money||Non-Qualified, Traditional IRAs, Roth IRAs, SEP-IRAs, and Inherited IRAs|
|Minimum Premium Amount||$25,000|
|Interest Rate Guarantee Periods||Choice of 3, 4, 5, 6, 7, 8, 9, or 10 year Guarantee Periods|
|Interest Rate Bands||Please click here for current rates.
Interest is credited and compounded daily. Your client's interest rate is dependent upon the single premium payment amount and is locked in for the duration of the initial Guarantee Period selected.
Band #1: $25,000-$99,999.99
Band #2: $100,000-$249,999.99
Band #3: $250,000+
|Penalty-Free Partial Surrender Amount||
|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The Surrender Charge is assessed on any amount withdrawn, either as a partial or full surrender, that exceeds the Penalty-Free Partial Surrender Amount applicable and may result in a loss of premium.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 Charge Schedule is based on the length of the current Guarantee Period and how long your clients have been in the current Guarantee Period.
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. Click here and choose your state to view the "Understanding the Market Value Adjustment" brochure.|
|Death Benefit||No surrender charges nor MVA are applied at death. See Contract for details.|
Please click here to view important product-specific disclosures for the LiveWell® Guarantee Annuity.
NOT FDIC/NCUA INSURED, NO BANK/CU GUARANTEE, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.
FOR INSTITUTIONAL USE ONLY. NOT INTENDED FOR CONSUMER SOLICITATION PURPOSES.