LiveWell Dynamic Annuity
The LiveWell Dynamic Annuity is a fantastic product for retirees! It offers the security of a steady income throughout retirement, promising peace of mind for your golden years. The plan's investment diversification is a major plus!
What we love about this annuity is its flexibility. You've got options that allow for customization based on your personal financial needs. For those concerned about outliving their savings, the LiveWell Dynamic Annuity is a trustworthy, reassuring choice.
LiveWell Dynamic Annuity
About Product
For information about this product, please visit http://SRSLiveWell.com
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year S&P 500 PTP Cap with 10% Buffer |
Point to Point
Annual
|
13%
Cap
|
| 1-Year S&P 500 PTP Cap with -10% Floor |
Point to Point
Annual
|
11%
Cap
|
| 3-Year S&P 500 PTP Cap with -10% Floor |
Point to Point
Triennial
|
25%
Cap
|
| 3-Year S&P 500 PTP Cap with 10% Buffer |
Point to Point
Triennial
|
65%
Cap
|
| 6-Year S&P 500 PTP Cap with -10% Floor |
Point to Point
6-Year
|
55%
Cap
|
| 6-Year S&P 500 PTP Cap with 20% Buffer |
Point to Point
6-Year
|
125%
Cap
|
| 6-Year S&P 500 PTP Cap with 30% Buffer |
Point to Point
6-Year
|
65%
Cap
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| Penalty | 8% | 7% | 6% | 5% | 4% | 3% |
Riders
No Riders for LiveWell Dynamic Annuity annuity.
Waivers
No Waivers for LiveWell Dynamic Annuity annuity.
Premium Notes
Minimum investment
$25,000; maximum investment is $2,000,000
Minimum additional premiums
$1,000 or $100 for premiums made through monthly electronic funds transfer (EFT)
Withdrawal Provisions
Death benefitEqual to the accumulation value at the time of proof of owner’s death is received. Free withdrawal amountStarting in year two, the free withdrawal amount is 10% of remaining premiums less than six years old at the beginning of the contract year, or RMD, if greater. Any remaining premiums six years old or older is also considered a free withdrawal and no penalties would apply.
- A.M. Best A+
- Fitch A+
- S&P A+
- Comdex 89
