ChoiceFour
Friendly and accommodating, the ChoiceFour annuity product can cater to various financial needs and horizons. This tax-deferred annuity not only offers competitive one-year renewable interest rates but allows you full control over your money and principal protection. Whether you're seeking future interest rate opportunities or simply need regular access to a portion of your money, ChoiceFour is designed to fit your unique lifestyle.
Beyond its financial flexibility, ChoiceFour ensures peace of mind, supported by EquiTrust's history of success, conservative investment strategies, and a diversified management style. The added bonus is the ability to make additional premium payments anytime during the first contract year, and a beneficial Nursing Home Waiver Rider. With ChoiceFour, retire with confidence knowing that your financial future is secure and tailored to your needs.
ChoiceFour
About Product
Traditional Fixed Annuity Interest Rates
Surrender Years | First Year Yield | Term Guaranteed Yield | Term Current Yield |
---|---|---|---|
9 | 4.5% | 3.17% | 4.5% |
- Base Contract
- MVA Option
- Liquidity Option
- MVA + Liquidity Option
Minimum/Maximum Premium
- Minimum $10,000 NQ/Q
- Maximum $2 Million
Free Withdrawals
- ChoiceFour (Base Contract) and ChoiceFour (MVA) - Prior 12 months interest
- ChoiceFour (Liquidity) and ChoiceFour (Liquidy + MVA) - Interest-only on 1st contract year, By Current Company Practice, 10% of Account Value years 2+
Upon the death of Owner, Accumulation Value.
Annuitization Benefit
On the Income Date, the Accumulation Value is applied to the payment option elected. The Income Date is the first contract anniversary after the Annuitant’s 100th birthday. By current company practice, the Accumulation Value is available for annuitization after the fifth year if a minimum payout of 5 years or life is elected.
Rates fluctuate each anniversary but never below 1%
Riders
No Riders for ChoiceFour annuity.
Waivers
Death
Upon death of first Owner, accumulation value. Surrender charges and MVA are waived.
Nursing Home
Unavailable in states: MA
Available through applicant age 80. After the first contract year, access to full Accumulation Value is available in the event of nursing home confinement of owner for 90 days. There is no charge for this rider. The nursing home waiver does not include home health care.
Terminal Illness
Available for all applicant ages at no charge. Access up to 75% of the Accumulation Value in the event of the owner’s terminal illness.
Annuitization
Available after the fifth year if a minimum payout of 5 years or life is elected.
- A.M. Best B++
- Fitch A-
- S&P A-
- Comdex 51