Accelerator Plus 10: Rates & Review

Highlights

The FG Accelerator Plus 10 is a flexible premium deferred annuity with a 10-year surrender charge period offering multiple index options and one fixed interest rate option. It is designed to be a long-term retirement savings tool with a variety of options to help you achieve the standard of living you want during your retirement.

Available in states: AL, AK, AZ, AR, CA, CO, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WV, WI, and WY

Type	Fixed Index
Purpose	Lifetime Income
Premium Bonus	10%
Term	10 Years
Surrender schedule	14%13%12%11%10%8%6%4%2%1%
Free withdrawal	1st year: 0% 2nd+ year: 10%
Flexible premium	Product Life
Market value adjustment
Return of premium
Launch date	02/21/2018
Minimum contribution	$10,000
Maximum contribution	$2,000,000
Max Age Qualified	85
Types of funds	Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, IRA-Roth, Inherited IRA, and TSP
Brochure	Open brochure

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Premium Notes

Eligible ages
Non-qualified: 0-85
Qualified: 18-85
Indiana Max Age is 80
If a joint owner, eligibility is based on an older owner’s age.

Initial Premium and Transfers

The minimum initial premium is min Premium. If your client chooses to reallocate the account value between options on an annuity anniversary, at least $2,000 must remain in each option.

Flexible Premium
Any additional premium will be placed initially into the fixed interest option. On the annuity anniversary, the client may reallocate any portion of the account value between any of the options.
Any additional premium (the amount of money you may at any time and as often as you want until the Maturity Date) must be at least $2,000 and may not exceed $2,000,000.
The minimum Allocation to any account is $2,000 per contract year.

Note: TSP funds have to be rolled into an IRA.

Withdrawal Provisions

Death benefit
Prior withdrawals reduce benefit amounts. Interest rates are subject to change. Partial index credit, if applicable, paid up to the date of death.
Paid as a lump sum, greatest of:

Account value, including the total vesting bonus, even if not fully vested;
Minimum guaranteed surrender value.

Free Withdrawals
You’ll have penalty-free access to 10% of the vested account value in years 2-10. Any other withdrawals will incur surrender charges and MVA.

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4% Fixed
1-Year CIBC Balanced Asset 5 PTP Participation Rate	Point to Point Annual	275% Participation
2-Year BlackRock Market Advantage PTP Participation Rate with Spread	Point to Point Biennial	230% Participation
1-Year BlackRock Market Advantage PTP Participation Rate	Point to Point Annual	160% Participation
2-Year GS Global Factor PTP Participation Rate	Point to Point Biennial	365% Participation
2-Year GS Global Factor PTP Participation Rate with Spread	Point to Point Biennial	320% Participation
1-Year GS Global Factor PTP Participation Rate	Point to Point Annual	275% Participation
1-Year GS Global Factor PTP Participation Rate	Point to Point Annual	215% Participation
2-Year CIBC Balanced Asset 10 PTP Participation Rate with Spread	Point to Point Biennial	265% Participation 5% Spread
2-Year CIBC Balanced Asset 10 PTP Participation Rate with Spread	Point to Point Biennial	235% Participation 5% Spread
1-Year CIBC Balanced Asset 10 PTP Participation Rate with Spread	Point to Point Annual	205% Participation 5.5% Spread
1-Year CIBC Balanced Asset 10 PTP Participation Rate	Point to Point Annual	110% Participation
2-Year CIBC Balanced Asset 5 PTP Participation Rate with Spread	Point to Point Biennial	320% Participation
1-Year CIBC Balanced Asset 5 PTP Participation Rate with Spread	Point to Point Annual	215% Participation
2-Year CIBC Balanced Asset 5 PTP Participation Rate	Point to Point Biennial	365% Participation
2-Year Barclays Trailblazer Sectors 5 PTP Participation Rate with Spread	Point to Point Biennial	285% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	9.25% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	2.6% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	3.5% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	12.75% Cap
2-Year Barclays Trailblazer Sectors 5 PTP Participation Rate with Spread	Point to Point Biennial	325% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	50% Participation
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	6.5% Performance triggered
1-Year S&P 500 Performance Trigger with charge	Performance Triggered Annual	8.25% Performance triggered

Surrender schedule

Year	1	2	3	4	5	6	7	8	9	10
Penalty	14%	13%	12%	11%	10%	8%	6%	4%	2%	1%

Riders

Name	Inbuilt	Fee
FG Accelerator Plus 10 EGMWB	Yes	0.95% annually
FG Accelerator 10 Plus GMWB (HI, IL)	Yes	0.95% annually

Waivers

Nursing Home

Unavailable in states: MA

Nursing Home Care (in a licensed nursing home) • Confinement must begin at least 1 year after contract effective date (In AK, AL, ID, MN, MS, MT, OR, PA or WA, care or confinement must begin after the contract effective date.) • Must be confined to nursing home for at least 60 days

Terminal Illness

Diagnosis must be made at least 1 year after contract effective date and certified by licensed physician. Life expectancy must be less than 1 year.

ADL

Unavailable in states: MA

Home Health Care (provided by licensed home health care provider) • Care must begin at least 1 year after contract effective date (In AK, AL, ID, MN, MS, MT, OR, PA or WA, care or confinement must begin after the contract effective date. ) • Must be unable to perform at least 2 of 6 activities of daily living (for at least 60 days and expected to continue for at least 90 days after requesting withdrawal)

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