- Long-term retirement investment
- Tax-deferred growth potential through a variety of investment options and well-known money managers
- Payout certainty
Optionality with a choice of daily step-up withdrawal benefits:
Two optional daily step-up withdrawal benefits for income:
• Daily 6 — For more downside protection with growth potential, a 6% annual Deferral Bonus prevails over step-ups, if greater1
• Daily +4 — For more growth potential with downside protection, receive a 4% Deferral Bonus annually, plus daily step-ups1
Three standalone death benefits available:
Legacy Lock II gives your clients the ability to preserve a legacy not reduced by withdrawals, with or without a withdrawal benefit2
Maximum Daily Value locks in highest daily contract value as death benefit
Return of Premium guarantees beneficiaries will receive the greater of the contract value or premium payments, adjusted for withdrawals
Additional charges apply for optional benefits. Term and restrictions apply. Availability may vary by state and firm
1 Deferral Bonuses are available until the earlier of the tenth contract anniversary or the first withdrawal. Daily step-ups are available unitl age 90.
2 Important Note: A variety of factors — including withdrawals, underperformance and fees — can reduce the contract value. When purchased alongside an optional living benefit, should the contract value be less than the greater of either one Lifetime Annual Payment or the minimum contract value, the death benefit reverts to traditional return of premium, and is reduced by all past and future withdrawals. The Legacy Lock II step-up would also no longer apply. You may need to choose between an unreduced death benefit and continued withdrawals should the contract value approach the required minimum. When not paired with an optional living benefit, you may need to discontinue withdrawals in order to maintain an unreduced benefit as any withdrawal that reduces the contract value below the minimum contract value will terminate the contract and death benefit. Death benefit terminates upon annuitization. Contracts must annuitize by age 90 or 10 years from purchase, whichever is greater. Please see the prospectus for more details.