TruStage Zone Income
Ratings:
- A.M. Best A
- S&P A+
- Moody's A2
- Comdex 79
About Product
The Zone Income Annuity is an insurance contract that offers index-linked returns, a limit on market losses and lifetime income options.
Allocation Accounts
Name | Type | Rates |
---|---|---|
1-Year Fixed Account |
Fixed
|
3.4%
Fixed
|
1-Year MSCI EAFE PTP Cap with -2% Floor 80% Secure 20% Growth |
Point to Point
Annual
|
11.12%
Cap
|
1-Year Russell 2000 PTP Cap with -3% Floor 70% Secure 30% Growth |
Point to Point
Annual
|
10.42%
Cap
|
1-Year Russell 2000 PTP Cap with -4% Floor 60% Secure 40% Growth |
Point to Point
Annual
|
11.32%
Cap
|
1-Year Russell 2000 PTP Cap with -5% Floor 50% Secure 50% Growth |
Point to Point
Annual
|
12.23%
Cap
|
1-Year Russell 2000 PTP Cap with -6% Floor 40% Secure 60% Growth |
Point to Point
Annual
|
13.13%
Cap
|
1-Year Russell 2000 PTP Cap with -7% Floor 30% Secure 70% Growth |
Point to Point
Annual
|
14.04%
Cap
|
1-Year Russell 2000 PTP Cap with -8% Floor 20% Secure 80% Growth |
Point to Point
Annual
|
14.94%
Cap
|
1-Year Russell 2000 PTP Cap with -9% Floor 10% Secure 90% Growth |
Point to Point
Annual
|
15.85%
Cap
|
1-Year MSCI EAFE PTP Cap with -1% Floor 90% Secure 10% Growth |
Point to Point
Annual
|
10.01%
Cap
|
1-Year Russell 2000 PTP Cap with -2% Floor 80% Secure 20% Growth |
Point to Point
Annual
|
9.51%
Cap
|
1-Year MSCI EAFE PTP Cap with -3% Floor 70% Secure 30% Growth |
Point to Point
Annual
|
12.23%
Cap
|
1-Year MSCI EAFE PTP Cap with -4% Floor 60% Secure 40% Growth |
Point to Point
Annual
|
13.34%
Cap
|
1-Year MSCI EAFE PTP Cap with -5% Floor 50% Secure 50% Growth |
Point to Point
Annual
|
14.45%
Cap
|
1-Year MSCI EAFE PTP Cap with -6% Floor 40% Secure 60% Growth |
Point to Point
Annual
|
15.56%
Cap
|
1-Year MSCI EAFE PTP Cap with -7% Floor 30% Secure 70% Growth |
Point to Point
Annual
|
16.67%
Cap
|
1-Year MSCI EAFE PTP Cap with -8% Floor 20% Secure 80% Growth |
Point to Point
Annual
|
17.78%
Cap
|
1-Year MSCI EAFE PTP Cap with -9% Floor 10% Secure 90% Growth |
Point to Point
Annual
|
18.89%
Cap
|
1-Year MSCI EAFE PTP Cap with 0% Floor 100% Secure |
Point to Point
Annual
|
8.9%
Cap
|
1-Year Russell 2000 PTP Cap with -1% Floor 90% Secure 10% Growth |
Point to Point
Annual
|
8.61%
Cap
|
1-Year S&P 500 PTP Cap with -9% Floor 10% Secure 90% Growth |
Point to Point
Annual
|
12.23%
Cap
|
1-Year S&P 500 PTP Cap with -8% Floor 20% Secure 80% Growth |
Point to Point
Annual
|
11.66%
Cap
|
1-Year S&P 500 PTP Cap with -7% Floor 30% Secure 70% Growth |
Point to Point
Annual
|
11.09%
Cap
|
1-Year S&P 500 PTP Cap with -6% Floor 40% Secure 60% Growth |
Point to Point
Annual
|
10.52%
Cap
|
1-Year S&P 500 PTP Cap with -5% Floor 50% Secure 50% Growth |
Point to Point
Annual
|
9.95%
Cap
|
1-Year S&P 500 PTP Cap with -4% Floor 60% Secure 40% Growth |
Point to Point
Annual
|
9.38%
Cap
|
1-Year S&P 500 PTP Cap with -3% Floor 70% Secure 30% Growth |
Point to Point
Annual
|
8.81%
Cap
|
1-Year S&P 500 PTP Cap with -2% Floor 80% Secure 20% Growth |
Point to Point
Annual
|
8.24%
Cap
|
1-Year S&P 500 PTP Cap with -1% Floor 90% Secure 10% Growth |
Point to Point
Annual
|
7.67%
Cap
|
1-Year MSCI EAFE PTP Cap with -10% Floor 100% Growth |
Point to Point
Annual
|
20%
Cap
|
1-Year Russell 2000 PTP Cap with -10% Floor 100% Growth |
Point to Point
Annual
|
16.75%
Cap
|
1-Year S&P 500 PTP Cap with -10% Floor 100% Growth |
Point to Point
Annual
|
12.8%
Cap
|
1-Year S&P 500 PTP Cap with 0% Floor 100% Secure |
Point to Point
Annual
|
7.1%
Cap
|
1-Year Russell 2000 PTP Cap with 0% Floor 100% Secure |
Point to Point
Annual
|
7.7%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -10% Floor 100% Growth |
Point to Point
Annual
|
50%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -8% Floor 20% Secure 80% Growth |
Point to Point
Annual
|
17.01%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -7% Floor 30% Secure 70% Growth |
Point to Point
Annual
|
15.82%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -6% Floor 40% Secure 60% Growth |
Point to Point
Annual
|
14.62%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -5% Floor 50% Secure 50% Growth |
Point to Point
Annual
|
13.43%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -4% Floor 60% Secure 40% Growth |
Point to Point
Annual
|
12.23%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -3% Floor 70% Secure 30% Growth |
Point to Point
Annual
|
11.04%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -2% Floor 80% Secure 20% Growth |
Point to Point
Annual
|
9.84%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -1% Floor 90% Secure 10% Growth |
Point to Point
Annual
|
8.65%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -10% Floor 100% Growth |
Point to Point
Annual
|
19.4%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with 0% Floor 100% Secure |
Point to Point
Annual
|
7.45%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with 0% Floor 100% Secure |
Point to Point
Annual
|
20%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -1% Floor 90% Secure 10% Growth |
Point to Point
Annual
|
23%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -2% Floor 80% Secure 20% Growth |
Point to Point
Annual
|
26%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -3% Floor 70% Secure 30% Growth |
Point to Point
Annual
|
29%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -4% Floor 60% Secure 40% Growth |
Point to Point
Annual
|
32%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -5% Floor 50% Secure 50% Growth |
Point to Point
Annual
|
35%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -6% Floor 40% Secure 60% Growth |
Point to Point
Annual
|
38%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -7% Floor 30% Secure 70% Growth |
Point to Point
Annual
|
41%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -8% Floor 20% Secure 80% Growth |
Point to Point
Annual
|
44%
Cap
|
1-Year Barclays Risk Balanced PTP Cap with -9% Floor 10% Secure 90% Growth |
Point to Point
Annual
|
47%
Cap
|
1-Year Dimensional US Small Cap Value Systematic PTP Cap with -9% Floor 10% Secure 90% Growth |
Point to Point
Annual
|
18.21%
Cap
|
Surrender schedule
Year | 1 | 2 | 3 | 4 | 5 | 6 |
---|---|---|---|---|---|---|
Penalty | 8% | 8% | 8% | 7% | 6% | 5% |
Riders
Name | Inbuilt | Fee |
---|---|---|
Zone Income GLWB rider | Yes | 1.00% annually |
Waivers
Bail-Out
We will not assess the Surrender Charge on: Withdrawals taken under the Bailout Provision
Death
Death benefit Equal to full contract value without surrender charge or MVA, or the purchase payment adjusted for withdrawals—whichever is larger.
Hospital
You have total access to contract value without surrender charge or MVA in certain times of need: If confined to nursing home or hospital for 180 consecutive days after issue In Connecticut, must wait one year to exercise. In Pennsylvania, waiting period is 90 days after issue for nursing home and 30 days for hospital. In California, no waiting period for facility care, community-based services or home care, and available for full surrender only.
Nursing Home
Unavailable in states: MA
You have total access to contract value without surrender charge or MVA in certain times of need: If confined to nursing home or hospital for 180 consecutive days after issue. In Connecticut, must wait one year to exercise. In Pennsylvania, waiting period is 90 days after issue for nursing home and 30 days for hospital. In California, no waiting period for facility care, community-based services or home care, and available for full surrender only. The nursing home waiver does not include home health care.
Terminal Illness
Unavailable in states: NJ
You have total access to contract value without surrender charge or MVA in certain times of need: If diagnosed as terminally ill with life expectancy of less than one year In Illinois, Kansas and Washington, life expectancy must be less than 24 months. In Massachusetts and Pennsylvania, life expectancy must be less than 24 months and available for full surrender only. In Connecticut, must wait one year to exercise.
Annuitization
We will not assess the Surrender Charge on: Contract Value applied to an Income Payout Option
Premium Notes
Withdrawal Provisions
Available without surrender charge or MVA and taken from contract value on a pro rata basis from allocation options. Payments are guaranteed for life while your GLWB rider is in effect, even if contract value goes to zero.
Excess withdrawal
Any withdrawal amount during the year which exceeds the total GLWB payment. Includes withdrawals before the GLWB start date and deductions for any surrender charge or MVA. Excess withdrawals proportionally reduce benefit base and death benefit.
Annual free amount