Ratings:

A.M. Best B++
Fitch A-
S&P A-
Comdex 51

James Alden

Experienced Financial Advisor

25 years

experience

3,712

career consultations

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ChoiceFour Liquidity

A leading supplier of annuity and life insurance products in the US, the EquiTrust Life Insurance Company was established in 1996. Nearing three decades of experience in the retirement sector, the company has demonstrated exceptional developments over the years thanks to its focus on delivering client-friendly annuity and life insurance solutions. Striving to consistently improve the services it offers to customers, EquiTrust has made the “Ward’s 50” best life and health insurance companies for a number of consecutive years.

ChoiceFour Liquidity

Your Email

Ratings:

A.M. Best B++
Fitch A-
S&P A-
Comdex 51

About Product

Premium Type

Single Premium with Additional

Fee withdrawal:

10% (From Year 2)

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, Spousal IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, 1035 Exchange, Stretch IRA, Inherited IRA, and TSP

Launch Date

11/11/2008

Traditional Fixed Annuity Interest Rates

Surrender Years	First Year Yield	Term Guaranteed Yield	Term Current Yield
6	4.25%	3.21%	4.25%

A single premium deferred fixed annuity featuring a one-year annual reset interest rate. Allows multiple premiums in the first year only. A base contract and the availability of two options plus a combination option provide a total of four contract variations:

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+

Death Benefit:
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.

Notes:
If the IRA owner dies on or after 1/1/20, the new SECURE Act rules apply.
Applicable beneficiaries now fall under two categories: Eligible and Ineligible Designated Beneficiaries.
Stretch IRA is available only to Eligible Designated Beneficiaries.
Inherited IRA is available to Ineligible Designated Beneficiaries – withdrawal or taxation of funds by 12/31 of the 10th year following the IRA owner’s death now applies to Ineligible Designated Beneficiaries.
TSP funds have to be transferred or rolled over into an IRA.

Riders

No Riders for ChoiceFour Liquidity 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.

Other EquiTrust Products

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