LiveWell Guarantee Max

The LiveWell Guarantee Max is a single premium multi-year guaranteed annuity. An annuity is a long-term Contract issued by an insurance company. In exchange for a premium payment, the insurance company agrees to make payments to you later on. This annuity provides an accumulation value that earns interest through a fixed account with a guaranteed interest rate that is set for a three-, five-, or seven-year period. This annuity also provides several options for accessing funds.

Issue age 

Penalty-free withdrawal amount
Beginning in the 2nd contract year, equal to the interest credited for the previous contract year.
By current company practice, you can elect to receive interest withdrawal payments on a monthly, quarterly, semi-annual or annual basis. Called a systematic withdrawal, these scheduled payments are penalty-free but must be at least $50 each.


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 annuity disclosure statement for more details. The MVA and surrender values may differ by state; please confirm with your financial professional. 

Note: if eligible you may roll over TSP to us to be administered as a qualified tax status that we offer.

Death benefit
No surrender charges or MVA are applied at death. Death benefit is available as a lump sum or a series of payments and is the greater of the accumulation value or the minimum surrender value as of the date of death. See contract for details.