Personal Income Annuity (Group D)
In the complex world of retirement planning, annuities stand out as a popular choice for those seeking steady income streams in their golden years. Amidst a crowded market, a few annuity companies have distinguished themselves through their robust financial strength, customer service excellence, and diverse product offerings.
Get an annuity today!
Learn how an annuity can provide guaranteed income for life.
Personal Income Annuity is a fixed indexed annuity designed to help address three of your retirement income needs:
- Protection: Securing income for life with an optional guaranteed lifetime income benefit.
- Flexibility: Meeting your individual time horizon and needs.
- Growth: Accumulating your assets while protecting against market downturns.
Personal Income Annuity includes a choice of guaranteed minimum withdrawal benefit riders that can provide you with a guaranteed income stream for life. Whether you want to begin your guaranteed income immediately or at a future date, each rider offers competitive income enhancing features to maximize your potential guaranteed benefits. Your guaranteed income amount will depend on your Income Benefit Base, age at issue, age at rider exercise and whether you elect a Single or Spousal benefit.
Income Benefit
Income Today if withdrawals begin:
Year 1 30%
Year 2 37.5%
Year 3 45%
Plus 3% simple roll-up years 3-10 Income Tomorrow: Annual roll-up amount: 14% Restart available
Income Tomorrow:
Annual roll-up amount: 14% Restart available
Notes
Income Today if withdrawals begin:
Year 1 30%
Year 2 37.5%
Year 3 45%
Plus 3% simple roll-up years 3-10 Income Tomorrow: Annual roll-up amount: 14% Restart available
Income Tomorrow:
Annual roll-up amount: 14% Restart available
Notes
- Our products are issued through Nassau Life Insurance and Annuity Company in California.
Available in states:
CA
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 2-Year Sunrise Smart Passage SG Participation Rate |
Nassau Sunrise
Biennial
|
45%
Participation
|
| 1-Year Sunrise Smart Passage SG Participation Rate |
Nassau Sunrise
Annual
|
26%
Participation
|
| 1-Year Sunrise Smart Passage SG Enhanced Participation Rate |
Nassau Sunrise
Annual
|
48%
Participation
|
| 2-Year Sunrise Smart Passage SG Enhanced Participation Rate |
Nassau Sunrise
Biennial
|
85%
Participation
|
| 1-Year Fixed Account |
Fixed
|
3%
Fixed
|
| 2-Year CSTMAI PTP Spread |
Point to Point
Biennial
|
7%
Spread
|
| 2-Year S&P 500 PTP Participation Rate |
Point to Point
Biennial
|
25%
Participation
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
16%
Participation
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
4%
Cap
|
| 2-Year Nasdaq-100 PTP Enhanced Participation Rate |
Point to Point
Biennial
|
32%
Participation
|
| 2-Year Nasdaq-100 PTP Participation Rate |
Point to Point
Biennial
|
19%
Participation
|
| 1-Year Nasdaq-100 PTP Enhanced Participation Rate |
Point to Point
Annual
|
23%
Participation
|
| 1-Year Nasdaq-100 PTP Participation Rate |
Point to Point
Annual
|
13%
Participation
|
| 2-Year S&P 500 PTP Enhanced Participation Rate |
Point to Point
Biennial
|
41%
Participation
|
| 1-Year S&P 500 PTP Enhanced Participation Rate |
Point to Point
Annual
|
27%
Participation
|
| 1-Year CSTMAI PTP Spread |
Point to Point
Annual
|
6%
Spread
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|
| Penalty | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% | 0% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Income Strategy: Today | No | 0.95% annually (1.50% max) |
| Income Strategy: Tomorrow | No | 0.95% annually (1.50% max) |