Forethought Income 150+, Forethought Income 125+ and Forethought Index Bonus 115 by Forethought Life Insurance Company

These single premium fixed indexed annuities by Forethought Life Insurance Company are designed with lifetime income benefit in mind. They have contract minimums of $10,000, surrender periods of 10 years, minimum annual guaranteed rate of 1% and automatically included lifetime income rider. There is an annual contract fee charged to the account at the beginning of each year. The main difference between these 3 products is how much initial bonus interest is applied to the Income Base. Lifetime Income is calculated as an annual interest based on the unique value within the contract, known as the Income Base. The Income Base receives guaranteed growth before the income withdrawals start. With these Forethought products your income can grow more predictably, giving you more secure retirement income benefits.

Forethought Income 150+ is available for ages 55-80, it offers bold benefits to help you generate maximum income for retirement. This product offers three guaranteed income bonuses, or “income boosts”: 20% of premium initial bonus at issue, 15% of premium at the beginning of year 3 and 15% of premium at the beginning of year 5. And additional potential income bonus: 150% of interest credited to contract value at the beginning of year 10, assuming no withdrawals were made and lifetime income payments were not activated. No bonuses are added after activating income. Income bonuses apply to the Income Base only. They are not available as part of the Contract Value or Death Benefit The annual contract fee for this annuity is 0.95%.

Forethought Income 125+ is available for ages 0-85, it offers the potential to grow retirement assets at a better interest rate. Upon issue, you will receive a 25% of initial premium income bonus applied to lifetime income base. In addition, a guaranteed lifetime income feature provides annual growth of 5% for 10 years (assuming no withdrawals). There annual contract fee for this annuity is 0.95%.

Forethought Index Bonus 115 is available for ages 0-85, it provides an initial income bonus equal to 15% of premium applied to lifetime income base as well as a guaranteed lifetime income feature that grows at a rate of 6% annually for the first 10 years or until you decide to take income (assuming no withdrawals). The contract fee for this annuity is 0.55% annually.

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