桔子视频

This is a hypothetical calculator. The purpose of this calculator is to demonstrate how Lifetime Income Withdrawals are calculated, based on the inputs selected. This calculator uses current rates, which are subject to change, and is not intended to predict actual performance, nor is it intended to accurately represent the product鈥檚 full features and benefits. 

In the hypothetical illustration above, the Income Base is used to determine the annual lifetime income payment. Rider charges do not reduce Lifetime Income Withdrawals. Once income has been started, the guaranteed Lifetime Income Withdrawal is locked in, assuming no excess withdrawals. If an excess withdrawal is made, the Lifetime Income Withdrawal values would be reduced and, in some situations, Lifetime Income Withdrawals may terminate. The Income Base cannot be withdrawn in a lump sum and does not have a cash value or surrender value. 

Not for use in CA.

^鈥� Simple Interest is credited until the earlier of: 1) Maximum Fixed Accumulation Years is reached, 2) Client begins Lifetime Income Withdrawals, or 3) Premium less withdrawals equal zero.

^# When solving for the Initial Premium with the Accelerated Income Option, the premium is based on the Initial Payout. This payout will only be available during the Accelerated Income Period and then will drop to the Ultimate Payout for the life of the Annuitant. Therefore, the annual payout you receive may be lower than what you requested.

Free Withdrawals. This annuity allows you to withdraw a portion of the Accumulated Value each Contract Year without a Withdrawal Charge, Market Value Adjustment or any Premium Bonus Vesting Adjustment. Lifetime Income Withdrawals are included in, and are not in addition to, the amount of any Free Withdrawals. Withdrawals and surrender may be subject to federal and state income tax and, except under certain circumstances, will be subject to an IRS penalty if taken prior to age 59陆.

Enhanced Income Benefit.  This annuity includes an Enhanced Income Benefit that increases your Maximum Lifetime Income Withdrawal amount if certain conditions related to confinement or activities of daily living are met.

Excess Withdrawals. Withdrawals taken during a Contract Year that are in excess of the Maximum Lifetime Income Withdrawal amount will decrease your Maximum Lifetime Income Withdrawal amount and could cause the income rider to terminate and Lifetime Income Withdrawals to cease. Excess Lifetime Income Withdrawals taken during a Contract Year may be subject to any applicable Withdrawal Charges, any applicable Premium Bonus Vesting Adjustments, and any applicable Market Value Adjustments.

Withdrawal Charge. A Withdrawal Charge in accordance with the rate schedule will apply to surrenders or amounts withdrawn in excess of the Free Withdrawal amount for 桔子视频 Ascent Pro 10 Bonus as follows. State variations apply.
For AL, AR, AZ, CO, FL (ages 35-64), GA, IA, IL, IN, KS, KY, MD, ME, MI, MS, ND, NE, NM, SD, TN, VA, WI, WV, WY: 12%, 12%, 12%, 11%, 10%, 9%, 8%, 7%, 6%, 4%. 
For AK, CT, DC, DE, HI, ID, LA, MA, MN, MO, MT, NC, NH, NJ, NV, OH, OK, OR, PA, RI, SC, TX, UT, VT, WA: 8.3%, 8.0%, 7.1%, 6.2%, 5.3%, 4.4%, 3.5%, 2.6%, 1.6%, 0.9%. 
For FL (ages 65-80): 10%, 10%, 10%, 10%, 9%, 8%, 7%, 6%, 5%, 4%.
For CA: 8.2%, 7.7%, 6.6%, 5.6%, 4.5%, 3.4%, 2.3%, 1.2%, 0.1%, 0.0%.

Rider Charge. Charge is 1.00% of the rider鈥檚 Income Base and applies for the full contract term. The Rider Charge is deducted monthly from your annuity鈥檚 Accumulated Value and Minimum Guaranteed Contract Value (MGCV). Rider Charges are not deducted from the MGCV in certain states.

Market Value Adjustment (MVA). An MVA is applied to the portion of a withdrawal or surrender that exceeds the Free Withdrawal amount during the Withdrawal Charge Period. The MVA may increase or decrease the amount of the Withdrawal or Cash Surrender Value of your Contract. If interest rates have increased, the MVA will be negative. If interest rates have decreased, the MVA will be positive. State variations apply.

Premium Bonus Vesting Adjustment. Withdrawals or surrenders in excess of the Free Withdrawal amount will result in the loss of a portion of the Premium Bonus as follows. State variations apply.
For AL, AR, AZ, CO, FL, GA, IA, IL, IN, KS, KY, MD, ME, MI, MS, ND, NE, NM, SD, TN, VA, WI, WV, WY: 0%, 0%, 0%, 0%, 0%, 0%, 20%, 40%, 60%, 80%, 100% (year 11+).
For AK, CT, DC, DE, HI, ID, LA, MA, MN, MO, MT, NC, NH, NJ, NV, OH, OK, OR, PA, RI, SC, TX, UT, VT, WA: 0%, 10%, 20%, 30%, 40%, 50%, 60%, 70%, 80%, 90%, 100% (year 11+). 
FOR CA: 10%, 20%, 30%, 40%, 50%, 60%, 70%, 80%, 90%, 100% (year 10+).

Guarantees provided by annuities are subject to the financial strength and claims paying ability of the issuing insurance company.

桔子视频 Ascent Pro 10 Bonus ICC16 GEN10 (11/16) SR and 桔子视频 Ascent Income Rider ICC24 IR (08/24), ICC24 IR (08/24) NAI, and Endorsements ICC24 EIBE (08/24), ICC24 EIBE (08/24) NAI or state variations issued by 桔子视频 Annuity and Life Company, West Des Moines, IA. Product features, limitations and availability vary; see the Certificate of Disclosure for details. Products not available in all states.

Idaho and Oregon: 桔子视频 Ascent Pro 10 Bonus ICC16 GEN10 (11/16) SR and 桔子视频 Ascent Income Rider ICC24 IR (08/24), ICC24 IR (08/24) NAI; Index Strategies ICC19 MPPTP (11/19), ICC19 MPFIX (11/19); and Endorsements ICC24 EIBE (08/24), ICC24 EIBE (08/24) NAI, ICC16 MVA (09/15), and ICC16 CPE (12/15) issued by 桔子视频 Annuity and Life Company, West Des Moines, IA. Product features, limitations and availability vary; see the Certificate of Disclosure for details. Products not available in all states.

The purpose of this material is solicitation of insurance. Any sale of an annuity will require contact with a financial professional.