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Accumulator Plus 7

The Accumulator Plus 7 annuity is pure genius! It offers financial security in retirement with steady, guaranteed income stream. Bravo for protecting our nest egg from market downturns!

The extra benefits, like the death benefit options, add the perfect touch. This annuity is a win - financial confidence, income for life, and peace of mind!

Fidelity & Guaranty Life Insurance Company

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Accumulator Plus 7

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Ratings:

A.M. Best A
Fitch A-
S&P A-
Moody's A3
Comdex 70

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

7 Years

Surrender schedule

9%9%8%7%6%5%4%

Fee withdrawal:

10%

Flexible premium

Product Life

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$2,500,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, IRA-Roth, Inherited IRA, and TSP

Launch Date

12/18/2017

The FG AccumulatorPlus 7 is a flexible premium deferred annuity with a 7-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, CT, 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, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	3.75% Fixed
1-Year S&P 500 PTP Monthly Average Cap	Point to Point Annual Monthly average	7.5% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	2.3% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	7.25% Cap
2-Year Barclays Trailblazer Sectors 5 PTP Participation Rate with Spread	Point to Point Biennial	225% Participation
1-Year S&P 500 PTP Participation Rate with Charge	Point to Point Annual	45% Participation
2-Year Barclays Trailblazer Sectors 5 PTP Participation Rate with Spread with Charge	Point to Point Biennial	265% Participation
1-Year S&P 500 PTP Cap with Charge	Point to Point Annual	10% Cap
1-Year S&P 500 PTP Monthly Sum Cap with Charge	Point to Point Annual Monthly sum	3.1% Cap
1-Year S&P 500 PTP Monthly Average Cap with Charge	Point to Point Annual Monthly average	14% Cap
1-Year GS Global Factor PTP Participation Rate with Charge	Point to Point Annual	225% Participation
1-Year GS Global Factor PTP Participation Rate with Spread	Point to Point Annual	165% Participation
2-Year GS Global Factor PTP Participation Rate with Charge	Point to Point Biennial	285% Participation
2-Year GS Global Factor PTP Participation Rate with Spread	Point to Point Biennial	245% Participation
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	5.25% Performance triggered
1-Year S&P 500 Performance Trigger with Charge	Performance Triggered Annual	7% Performance triggered
2-Year Morgan Stanley US Equity Allocator PTP Participation Rate with Spread with Charge	Point to Point Biennial	125% Participation
2-Year Morgan Stanley US Equity Allocator PTP Participation Rate with Spread	Point to Point Biennial	105% Participation
1-Year Morgan Stanley US Equity Allocator PTP Participation Rate with Spread with Charge	Point to Point Annual	100% Participation
1-Year Morgan Stanley US Equity Allocator PTP Participation Rate with Spread	Point to Point Annual	75% Participation

Surrender schedule

Year	1	2	3	4	5	6	7
Penalty	9%	9%	8%	7%	6%	5%	4%

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Investment Amount $

Riders

No Riders for Accumulator Plus 7 annuity.

Waivers

Death

Available

Nursing Home

Unavailable in states: MA

Nursing Home Care (in a licensed nursing home): 1. Confinement must begin at least 1 year after contract effective date; 2. Must be confined to nursing home for at least 60 days. In AK, AL, CT, ID, MN, MS, MT, OR, PA, PR and WA, care or confinement must begin after the contract effective date.

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. Limitations and considerations may vary from state to state.

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 • Must be unable to perform at least 2of 6 activities of daily living (for at least 60 days and expected to continue for at least 90 days after requesting withdrawal) In AK, AL, CT, ID, MN, MS, MT, OR, PA, PR and WA, care or confinement must begin after the contract effective date.

Premium Notes

Eligible ages
Non-qualified: 0-85
Qualified: 18-85
If joint owner, eligibility is based on 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 $2,500,000.
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
Minimum guaranteed surrender value

Annuitization

If annuitization occurs in the first five contract years, we will apply the greater of the surrender value and MGSV. If annuitization occurs after the fifth contract year, we will apply the greater of the account value and MGSV.

Some states allow waiver of surrender charges upon annuitizing prior to the fifth contract year. For FG AccumulatorPlus 10 some states allow annuitization at the surrender value, not at the account value.

Free Withdrawals
You’ll have penalty-free access to 10% of the total account value in years 2-7. Any other withdrawals will incur withdrawal charges. These consist of surrender charges and MVA.