Ratings:

A.M. Best B++

James Alden

Experienced Financial Advisor

25 years

experience

3,712

career consultations

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Personal Protection Choice (Group A)

With roots tracing back to 1851, the Nassau Life and Annuity Company finds itself in the annuity and life insurance industry. Despite selling other retirement products as well, Nassau Life is mostly known for its diverse portfolio of annuity solutions, from fixed-rate to fixed-indexed annuities. Even more particularly, the company has distinguished itself for its deferred multi-year guarantee annuity known as the ‘Nassau Life Simple Annuity 6’ product. Nassau Life’s mission is to provide practicality above all else to its customers, by way of helping them achieve financial security in retirement. Nassau is always working harder to be your carrier of choice. We build creative products that can help protect people’s savings, deliver guaranteed income, and help pay for health care costs in retirement. We’re dedicated to providing you with best-in-class service. We seek to keep things simple and will have your back in the years to come. Nassau Financial Group is headquartered in Hartford, Connecticut with $24 billion in assets under management and 379,000 policyholders. We have been doing this a long time - 170+ years - but we remain humble enough to always try to improve.

Personal Protection Choice (Group A)

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Ratings:

A.M. Best B++

About Product

Type

Fixed Index

Purpose

Lifetime Income

Term

10 Years

Surrender schedule

12%12%12%11%10%9%8%7%6%4%

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Yes

Minimum Contribution

$15,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, SIMPLE IRA, 457 plan, 1035 Exchange, and TSP

Launch Date

06/04/2012

The Personal Protection Choice is a fixed indexed annuity designed to address your specific retirement needs:

Generate Guaranteed Lifetime Income with an optional rider.
Add Protection for Care and Family to customize your annuity.
Participate in Market Growth to accumulate more retirement savings.

Nassau Personal Protection Choice offers a choice of optional guaranteed lifetime withdrawal benefit riders that can provide a stream of income for life. Whether you want to begin your guaranteed income immediately or at a future date, each rider offers competitive income enhancing features to maximize your potential guaranteed benefits. Your guaranteed income amount will depend on your Benefit Base, age at issue, age at rider exercise and whether you elect a Single or Spousal benefit.

Available in states: AL, AZ, AR, CO, DC, GA, HI, IN, IA, KS, MD, MI, NE, NV, NM, NC, ND, OK, RI, SD, TN, and WV

Allocation Accounts

Name	Type	Rates
2-Year Sunrise Smart Passage SG Enhanced Participation Rate	Nassau Sunrise Biennial	160% Participation
2-Year Sunrise Smart Passage SG Participation Rate	Nassau Sunrise Biennial	118% Participation
1-Year Sunrise Smart Passage SG Enhanced Participation Rate	Nassau Sunrise Annual	90% Participation
1-Year Sunrise Smart Passage SG Participation Rate	Nassau Sunrise Annual	67% Participation
1-Year Fixed Account (MD Only)	Fixed	3% Fixed
1-Year Fixed Account (Most States)	Fixed	3% Fixed
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.75% Cap
1-Year S&P 500 PTP Enhanced Participation Rate	Point to Point Annual	41% Participation
2-Year S&P 500 PTP Enhanced Participation Rate	Point to Point Biennial	56% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	40% Participation
2-Year UBSTMAI PTP Spread	Point to Point Biennial	0.25% Spread
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	29% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	6% Cap
1-Year Nasdaq-100 PTP Participation Rate	Point to Point Annual	25% Participation
1-Year Nasdaq-100 PTP Enhanced Participation Rate	Point to Point Annual	35% Participation
2-Year Nasdaq-100 PTP Participation Rate	Point to Point Biennial	35% Participation
2-Year Nasdaq-100 PTP Enhanced Participation Rate	Point to Point Biennial	48% Participation
1-Year UBSTMAI PTP Spread	Point to Point Annual	0.75% Spread

Surrender schedule

Year	1	2	3	4	5	6	7	8	9	10
Penalty	12%	12%	12%	11%	10%	9%	8%	7%	6%	4%

Riders

Name	Inbuilt	Fee
Income, Care & Family Protection: Today (Age 0-70)	No	1.15% annually (1.50% max)
Income, Care & Family Protection: Tomorrow (Age 0-70)	No	1.15% annually (1.50% max)
Income & Family Protection: Today	No	1.15% annually (1.50% max)
Income & Family Protection: Tomorrow	No	1.15% annually (1.50% max)
Income & Care Protection: Today (Age 71-80)	No	0.95% annually (1.50% max)
Income & Care Protection: Tomorrow (Age 0-70)	No	0.95% annually (1.50% max)
Income, Care & Family Protection: Tomorrow (Age 71-80)	No	1.15% annually (1.50% max)
Income & Care Protection: Tomorrow (Age 71-80)	No	0.95% annually (1.50% max)
Income & Care Protection: Today (Age 0-70)	No	0.95% annually (1.50% max)
Income, Care & Family Protection: Today (Age 71-80)	No	1.15% annually (1.50% max)

Waivers

Nursing Home

Surrender charges are waived if contract owner becomes ill and is confined to a nursing home on or after the first contract anniversary, for at least 90 consecutive days. If trust owned, the waiver will apply to the annuitant. The nursing home waiver does not include home health care.

Terminal Illness

Surrender charges are waived if contract owner is diagnosed with a terminal illness on or after the first contract anniversary. A terminal illness is a condition that is expected to result in the owner’s death within six months.

Withdrawal Provisions

Free Withdrawals

During the first contract year you may withdraw the greater of; up to 10% of the Accumulation Value at the time of the withdrawal or the Required Minimum Distribution (RMD) associated with this contract. After the first contract year, it is equal to the greater of 10% of Accumulation Value on the preceding contract anniversary or the Required Minimum Distribution (RMD).