Ultimate One Index 9 Bonus
Highlights
|
Type
|
Fixed Index |
|---|---|
| Purpose | Accumulation |
|
Premium Bonus
|
5% |
|
Term
|
9 Years |
|
Surrender schedule
|
13%13%12%11%10%9%8%7%6% |
|
Free withdrawal
|
1st year: 0% 2nd+ year: 10% |
|
Market value adjustment
|
|
|
Return of premium
|
|
|
Launch date
|
12/09/2005 |
|
Minimum contribution
|
$10,000 |
|
Maximum contribution
|
$1,000,000 |
|
Max Age Qualified
|
80 |
|
Types of funds
|
Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, 1035 Exchange, and Inherited IRA |
Brochure
|
Open brochure |
Find out if the Ultimate One Index 9 Bonus is the right product for you.
Premium Notes
Withdrawal Provisions
While you should make every effort to give your money time to grow, sometimes circumstances require you take a withdrawal earlier than expected. Ultimate One Index 9 allows you access to your money, in many cases penalty-free.
- Withdrawal up to 10% of your accumulation value without penalty each year after the first year.
- Monthly interest income may be selected after only 30 days from your Declared Interest Account. Interest paid under this option is considered a withdrawal under the 10% annual penalty-free withdrawal privilege.
- Access your entire Accumulation Value with no Surrender Charges if you are confined to a qualified nursing home or hospital for at least 90 consecutive days with the Waiver of Surrender Charge Upon Nursing Home or Hospital Confinement Endorsement (Endorsement Series 4139). State variations may apply. Not available in Massachusetts.
- Your Accumulation Value may be converted into guaranteed income after the fifth policy year without a Surrender Charge in most states. Income must be taken over at least five years. Various income options are available, including single and joint life options. Please consult the contract for details.
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
3.8%
Fixed
|
| 1-Year S&P 500 PTP Monthly Average Cap |
Point to Point
Annual
Monthly average
|
11.3%
Cap
|
| 1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
81%
Participation
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.5%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
48%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
|---|---|---|---|---|---|---|---|---|---|
| Penalty | 13% | 13% | 12% | 11% | 10% | 9% | 8% | 7% | 6% |
Riders
No Riders for Ultimate One Index 9 Bonus annuity.
Waivers
Hospital
Unavailable in states: MA
Access your entire Accumulation Value with no Surrender Charges if you are confined to a qualified nursing home or hospital for at least 90 consecutive days, with the Waiver of Surrender Charge Upon Nursing Home or Hospital Confinement Endorsement.
Nursing Home
Unavailable in states: MA
Access your entire Accumulation Value with no Surrender Charges if you are confined to a qualified nursing home or hospital for at least 90 consecutive days with the Waiver of Surrender Charge Upon Nursing Home or Hospital Confinement Endorsement. The nursing home waiver does not include home health care.
Annuitization
5x5 annuitization option – after the 5th policy year, surrender charges are waived if annuitization is over at least five years
Confinement
Unavailable in states: MA
Access your entire Accumulation Value with no Surrender Charges if you are confined to a qualified nursing home or hospital for at least 90 consecutive days, with the Waiver of Surrender Charge Upon Nursing Home or Hospital Confinement Endorsement. The nursing home waiver does not include home health care.
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