Income Navigator
The Income Navigator annuity is a true boon for those looking towards a secure retirement. It assures stability with a guaranteed income stream, relieving any financial stress.
Its flexibility is a standout feature, allowing for customized payment plans. The Income Navigator ensures your golden years are truly golden!
Income Navigator
Does Income Navigator make your top 3?
Our clients typically get 23% more income than their first quote.
About Product
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
2.75%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
4%
Cap
|
| 1-Year S&P 500 PTP Monthly Average Cap |
Point to Point
Annual
Monthly average
|
4%
Cap
|
| 1-Year S&P 500 PTP Daily Average Cap |
Point to Point
Annual
Daily average
|
4%
Cap
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1.7%
Cap
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Hypothetical Projection
Riders
No Riders for Income Navigator annuity.
Waivers
RMD
The product includes Penalty-Free Withdrawal Provisions for RMD.
Withdrawal Provisions
Withdrawal ProvisionsRequired Minimum Distribution (RMD) is available Penalty-free during the first contract year or the interest earned on funds allocated to the fixed account RMD or up to 10% of the Purchase Premium is available penalty Free after the first Policy Year, whichever is greater. A maximum of two withdrawals is allowed each Policy Year. Minimum withdrawal amount of $250; Minimum Accumulation Value after withdrawal is $2,500 After the fifth policy year, you can apply the vested value of the policy to purchase a settlement option to provide income.
- A.M. Best C+
