Prosperity Elite 7 Enhancement: Rates & Review

Highlights

The Prosperity Elite 7 Enhancement 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.

Additionally a Guaranteed Minimum Death Benefit Rider is included.

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, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Type	Fixed Index
Purpose	Accumulation & Legacy
Premium Bonus	4%
Term	7 Years
Surrender schedule	10%9%8%7%6%5%4%
Free withdrawal	1st year: 0% 2nd+ year: 10%
Flexible premium	Product Life
Market value adjustment
Return of premium
Launch date	04/22/2011
Minimum contribution	$10,000
Maximum contribution	$1,000,000
Max Age Qualified	85
Types of funds	Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, and TSP
Brochure	Open brochure

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Premium Notes

Flexible Premium
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 $1,000,000.
The minimum Allocation to any account is $2,000 per contract year.

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

Withdrawal Provisions

Free Withdrawals

Each contract year, after the end of the first contract year, free partial surrender of up to 10% of the vested account value as of the prior anniversary.

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4% Fixed
1-Year Gold PTP Cap	Point to Point Annual	9.75% Cap
1-Year S&P 500 PTP Monthly Average Cap	Point to Point Annual Monthly average	13% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	2.5% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	9% Cap
2-Year Barclays Trailblazer Sectors 5 PTP Participation Rate with Spread	Point to Point Biennial	270% Participation
2-Year GS Global Factor PTP Participation Rate	Point to Point Biennial	335% Participation
2-Year GS Global Factor PTP Participation Rate with Spread	Point to Point Biennial	295% Participation
1-Year GS Global Factor PTP Participation Rate	Point to Point Annual	195% Participation
2-Year CIBC Balanced Asset 5 PTP Participation Rate	Point to Point Biennial	320% Participation
2-Year CIBC Balanced Asset 5 PTP Participation Rate with Spread	Point to Point Biennial	280% Participation
1-Year CIBC Balanced Asset 5 PTP Participation Rate	Point to Point Annual	195% Participation
1-Year S&P 500 Performance Trigger	Performance Triggered Annual	6% Performance triggered

Surrender schedule

Year	1	2	3	4	5	6	7
Penalty	10%	9%	8%	7%	6%	5%	4%

Riders

Name	Inbuilt	Fee
GMDB Prosperity Elite Enhancement Package	Yes	0.60% annually

Waivers

Nursing Home

Unavailable in states: MA, and SD

Confinement must begin at least 1 year after contract effective date. Must be confined to nursing home for at least 60 days. Home Health Care is an acceptable option.

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: FL, MA, SD, and WI

Care must begin at least 1 year after 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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