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Best Guaranteed Annuity Rates
2-Year
5.55%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

Zenith Income 10 with Max Bonus

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Highlights

Zenith Income 10 is a single premium, fixed indexed annuity that helps you maximize guaranteed lifetime income — while protecting your principal from market loss. Best if used for maximizing guaranteed lifetime income.
The  Max Bonus GLIR is inbuilt into this product.
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, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Type
Fixed Index
Purpose Lifetime Income
Term
9 Years
Surrender schedule
8.25%8%7%6%5%4%3%2%1%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Market value adjustment
Return of premium
Launch date
07/06/2023
Minimum contribution
$25,000
Maximum contribution
$2,000,000
Max Age Qualified
75
Types of funds
Non-Qualified, IRA, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, and 457 plan
Brochure
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Find out if the Zenith Income 10 with Max Bonus is the right product for you.

Premium Notes

Issue Ages
35-75

Minimum Premium
$25,000

Maximum Premiums
  • Ages 35-70: $2,000,000 
  • Ages 71-75: $1,500,000 

Withdrawal Provisions

Market Value Adjustment
A Market Value Adjustment will apply to withdrawals in excess of the penalty-free withdrawal amount for the first 10 policy years, depending on the length of the policy.

Free Withdrawals
After the first policy year, you may withdraw in any one year up to 10% of the accumulation value without incurring a withdrawal charge. 
The minimum partial withdrawal you may request is $500, and your accumulation value must be no less than $5,000 after the withdrawal.

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.5% Fixed
2-Year US Fundamental Balanced PTP Participation Rate with Booster
Point to Point
Biennial
355% Participation
2-Year US Fundamental Balanced PTP Participation Rate
Point to Point
Biennial
280% Participation
1-Year US Fundamental Balanced PTP Participation Rate with Booster
Point to Point
Annual
255% Participation
1-Year US Fundamental Balanced PTP Participation Rate
Point to Point
Annual
205% Participation
2-Year Global Balanced PTP Participation Rate with Booster
Point to Point
Biennial
355% Participation
2-Year Global Balanced PTP Participation Rate
Point to Point
Biennial
280% Participation
1-Year Global Balanced PTP Participation Rate with Booster
Point to Point
Annual
255% Participation
1-Year Global Balanced PTP Participation Rate
Point to Point
Annual
205% Participation
1-Year S&P 500 PTP Monthly Sum Cap with Booster
Point to Point
Annual
Monthly sum
3.25% Cap
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.75% Cap
2-Year S&P 500 PTP Cap with Booster
Point to Point
Biennial
35% Cap
2-Year S&P 500 PTP Cap
Point to Point
Biennial
24% Cap
1-Year S&P 500 PTP Cap with Booster
Point to Point
Annual
13.5% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
11.25% Cap

Surrender schedule

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

Riders

Name Inbuilt Fee
Max Bonus GLIR Level Yes 1.00% annually
Max Bonus GLIR Increasing Yes 1.00% annually

Waivers

Nursing Home

Unavailable in states: CA, IL, LA, MA, MT, NH, NJ, SC, SD, WA, WV, and WI

Nursing Care gives clients peace of mind that they will have access to a portion of savings without surrender charges in the case of a qualifying event.

Terminal Illness

Unavailable in states: CA, IL, LA, MA, MO, MT, NH, NJ, OR, PA, SC, UT, WV, and WI

Terminal Illness Benefit eliminates withdrawal charges for the annuitant on one withdrawal if the policy has been in force longer than one year at the onset of the terminal illness, from which the client is physician-certified to have 12 months or fewer to live.

Emergency Access

Emergency Access Waiver allows clients to have all withdrawal charges waived for 403(b) hardship or 457(b) unforeseen emergency distributions, if approved by the Plan/TPA. For separation from service or disability, 20% of withdrawal charges (for withdrawals above 10% of the accumulation value) are waived in years 2-4; starting in year 5, all withdrawal charges are waived. Available for 403(b) and 457(b) plans only.

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