North American Company for Life and Health

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NAC Performance Choice 8

The NAC Performance Choice 8 is a great choice for stability in your retirement! It offers the confidence of fixed returns with the potential for growth. You'll love the peace of mind it brings.

This annuity stands out for its flexibility - you can decide how much and when to withdraw your funds. Enjoy your golden years knowing you've made a smart investment with NAC Performance Choice 8!

NAC Performance Choice 8

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About Product

Type

Fixed Index

Purpose

Accumulation

Term

8 Years

Surrender schedule

10%

Fee withdrawal:

10%

Flexible premium

Product Life

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$20,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, Inherited IRA, NQ Stretch, and TSP

Launch Date

10/15/2010

The Performance Choice 8 is a flexible premium fixed indexed annuity with a 8-year surrender charge period that provides advantages such as tax deferral, long-term growth, and a death benefit payout with the added benefit of enhanced growth with no risk of loss of premium due to market fluctuations. The Performance Choice 8 is not an investment in the stock market. It is a fixed annuity that credits interest based on distinct Index Account Options and the annual performance of these selected indices.

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

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	3.35% Fixed
2-Year Fidelity Multi Factor Yield 5% ER PTP Enhanced Participation Rate	Point to Point Biennial	255% Participation
1-Year Fidelity Multi Factor Yield 5% ER PTP Enhanced Participation Rate	Point to Point Annual	170% Participation
1-Year Fidelity Multi Factor Yield 5% ER PTP Participation Rate	Point to Point Annual	130% Participation
2-Year Fidelity Multi Factor Yield 5% ER PTP Participation Rate	Point to Point Biennial	195% Participation
1-Year S&P MARC 5% ER PTP Participation Rate	Point to Point Annual	125% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	30% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	35% Participation
2-Year S&P MARC 5% ER PTP Participation Rate	Point to Point Biennial	185% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.95% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	8.25% Cap
1-Year Morgan Stanley Dynamic Global PTP Participation Rate	Point to Point Annual	135% Participation
2-Year Morgan Stanley Dynamic Global PTP Participation Rate	Point to Point Biennial	195% Participation
2-Year Morgan Stanley Dynamic Global PTP Enhanced Participation Rate	Point to Point Biennial	255% Participation
1-Year Morgan Stanley Dynamic Global PTP Enhanced Participation Rate	Point to Point Annual	175% Participation
2-Year Goldman Sachs Equity TimeX PTP Participation Rate	Point to Point Biennial	90% Participation
1-Year Goldman Sachs Equity TimeX PTP Participation Rate	Point to Point Annual	65% Participation

Surrender schedule

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

Riders

No Riders for NAC Performance Choice 8 annuity.

Waivers

Nursing Home

Unavailable in states: CA, and MA

If 75 years old and under when your annuity is issued, a benefit is automatically included at no additional cost that can help if the annuitant ever needs the services of a qualified nursing care facility (skilled nursing facility or residential care facility for the elderly in CA). After the first contract anniversary, if the annuitant becomes confined to a qualified nursing care facility (skilled nursing facility or residential care facility for the elderly in CA), as defined in the rider, an additional 10% of the accumulation value penalty-free is available each year the qualifying conditions are met. The owner can spend this money as they see fit.

Premium Notes

Issue ages
0-85
For issue ages 0-17, a Uniform Gift to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) custodial account must be established.

Premium
The amount paid to the insurance company to fund an annuity.
$20,000 minimum for non-qualified and qualified premium. (or $50 per month TSA salary reduction).
After the first contract anniversary, and with 60 days’ notice from us, we reserve the right to limit or stop accepting additional premium. State variations may apply

Withdrawal Provisions

Annuitization By current company practice, you may receive an income from the Accumulation Value after the first contract year (without surrender charges or Market Value Adjustment) if you choose a Life Income Option. You can also receive an income based on the Accumulation Value if your annuity has been enforced for at least five years and you elect to receive payments over at least a five-year period. If an annuity payout option is elected, all other rights and benefits under the annuity end. With the exception of Life Income options, income options are available for:A minimum of 5 years, orA maximum of 20 years.The following options are available:Income for a Specified PeriodIncome for a Specified AmountLife Income with a Period CertainLife IncomeJoint and Survivor Life IncomeFree Withdrawals Once per year after the first anniversary, you may take a penalty-free withdrawal (also known as Penalty-Free Partial Surrender), without surrender charges, Premium Bonus Recapture, or Interest Adjustment, up to 10% of your Accumulation Value.

Company Founded: 1886

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North American Company for Life and Health

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