annuity-educator-logo
Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.30%
7-Year
6.00%
10-Year
5.80%

LiveWell Preferred 8

Get an annuity today!
Learn how an annuity can provide guaranteed income for life.

Highlights

The LiveWell Preferred 8 is a flexible premium deferred fixed index annuity. An annuity is a long-term Contract issued by an insurance company. In exchange for a premium payment, the insurance company agrees to make payments to you later on. This annuity provides an accumulation value that may earn interest through a fixed account and various index accounts (if selected). While the fixed account earns a fixed rate of interest each year, index accounts earn interest credits based on how an underlying index performs. Interest credits are guaranteed to never be less than zero. This annuity also provides several options for accessing funds. 
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 & Legacy
Term
8 Years
Surrender schedule
8%8%8%7%6%5%4%3%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Flexible premium Product Life
Market value adjustment
Return of premium
Launch date
01/28/2020
Minimum contribution
$10,000
Maximum contribution
$1,000,000
Max Age Qualified
85
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, Inherited IRA, NQ Stretch, and TSP
Brochure
Open brochure

Find out if the LiveWell Preferred 8 is the right product for you.

$

Premium Notes

Minimum premium
$10,000 initial premium and $1,000 for additional premiums; $1,000,000 maximum premium. Additional premium does not extend surrender charge period.

Note: if eligible you may roll over TSP to us to be administered as a qualified tax status that we offer.

Withdrawal Provisions

Death benefit
The death benefit is payable when any individual Owner dies or when all Annuitants have died, whichever is earlier. If the Owner dies and his or her spouse is the sole Beneficiary, the spouse may elect to continue the Contract as its Owner. The death benefit equals the accumulation value. The death benefit will never be lower than the Contract’s minimum surrender value. A death benefit is not available if you have already elected an annuity payout option. The Beneficiary may choose to receive the death benefit in either a lump sum or a series of income payments. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account (TX Only)
Fixed
2.3% Fixed
1-Year Fixed Account
Fixed
2.3% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.05% Cap
1-Year S&P 500 LV DRC 5% PTP Spread
Point to Point
Annual
3.25% Spread
1-Year S&P 500 LV DRC 5% PTP Participation Rate
Point to Point
Annual
60% Participation
2-Year S&P 500 LV DRC 5% PTP Participation Rate
Point to Point
Biennial
80% Participation
1-Year Fidelity Multi factor Yield 5% ER PTP Participation Rate
Point to Point
Annual
145% Participation
2-Year Fidelity Multi factor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
220% Participation
1-Year Fixed Account (TX Only)
Fixed
2.5% Fixed
1-Year Fixed Account
Fixed
2.5% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.3% Cap
1-Year S&P 500 LV DRC 5% PTP Spread
Point to Point
Annual
3.05% Spread
1-Year S&P 500 LV DRC 5% PTP Participation Rate
Point to Point
Annual
65% Participation
2-Year S&P 500 LV DRC 5% PTP Participation Rate
Point to Point
Biennial
85% Participation
1-Year Fidelity Multi factor Yield 5% ER PTP Participation Rate
Point to Point
Annual
155% Participation
2-Year Fidelity Multi factor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
230% Participation
1-Year Fixed Account (TX Only)
Fixed
2.7% Fixed
1-Year Fixed Account
Fixed
2.7% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.55% Cap
1-Year S&P 500 LV DRC 5% PTP Spread
Point to Point
Annual
2.85% Spread
1-Year S&P 500 LV DRC 5% PTP Participation Rate
Point to Point
Annual
70% Participation
2-Year S&P 500 LV DRC 5% PTP Participation Rate
Point to Point
Biennial
90% Participation
1-Year Fidelity Multi factor Yield 5% ER PTP Participation Rate
Point to Point
Annual
160% Participation
2-Year Fidelity Multi factor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
235% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
LiveWell Income for Life No 1.20% annually
LiveWell Legacy Protector No 0.35% annually

Waivers

Death

No surrender charges or MVA are applied upon death.

Nursing Home

Unavailable in states: CA, and DC

After the first Contract anniversary, if the covered person is confined to a qualified nursing home facility for at least 90 consecutive days, you may withdraw up to 100% of your accumulation value without a surrender charge or MVA. If you withdraw 100% of your accumulation value, your Contract will terminate. This waiver is automatically included with your annuity at no additional charge. The nursing home waiver does not include home health care.

Ready to Protect Your Financial Future?

Request a free quote or talk to our financial expert to get help