The FPDA is a Flexible Premium Deferred Annuity. The minimum initial contribution is $20 monthly for qualified and non-qualified funds. There is no min or max for additional contributions. Flex Premium Deferred Annuity can be made by any mode/frequency. There is an unlimited number of free withdrawals per year, so long as they do not exceed 10% of the accumulated value or the accumulated interest, whichever is greater. Systematic withdrawal is an option. Surrender charges are eight years in duration and are waived in the event of death, entrance into a nursing home, or diagnosis of a terminal illness, subject to rider terms. Withdrawals may be subject to Federal/State income tax, and if taken prior to age 59 1/2, a 10% Federal Penalty tax. Guarantees based on claims paying ability of insurer. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not securities or bank products protected by the FDIC. The free look period varies by state.