SecureLink Future 9
Highlights
Type
|
Fixed Index |
---|---|
Purpose | Lifetime Income |
Term
|
9 Years |
Surrender schedule
|
9%8%7%6%5%4%3%2%1% |
Free withdrawal
|
1st year: 0% 2nd+ year: 10% |
Market value adjustment
|
|
Return of premium
|
|
Launch date
|
11/18/2016 |
Minimum contribution
|
$10,000 |
Maximum contribution
|
$2,000,000 |
Max Age Qualified
|
80 |
Types of funds
|
Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, 1035 Exchange, and Inherited IRA |
Brochure
|
Open brochure |
Find out if the SecureLink Future 9 is the right product for you.
Premium Notes
- Minimum $1,000 (allowed during first six months)
- Purchase payments received after the issue date are deposited into an interim guaranteed interest account and transferred to the current allocation on the next contract anniversary.
Withdrawal Provisions
Not Available on Surrender
After the first contract anniversary, you may withdraw a portion of your contract value free of surrender charge. This free withdrawal is equal to:
- 10% of the prior contract anniversary value
- Required Minimum Distribution in excess of 10% Surrender charges are waived upon annuitization or death. Guaranteed Annual Income withdrawals under the Achiever Lifetime Income benefit are always free from surrender charges.
Allocation Accounts
Name | Type | Rates |
---|---|---|
1-Year Fixed Account |
Fixed
|
4.1%
Fixed
|
Interim Account Up to 1st Contract Anniversary |
Fixed
|
3.5%
Fixed
|
1-Year SG Climate Prepared PTP Participation Rate |
Point to Point
Annual
|
175%
Participation
|
1-Year Barclays All Caps Trailblazer 5 PTP Participation Rate |
Point to Point
Annual
|
175%
Participation
|
1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.9%
Cap
|
2-Year S&P 500 PTP Cap |
Point to Point
Biennial
|
17.75%
Cap
|
Surrender schedule
Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |
---|---|---|---|---|---|---|---|---|---|
Penalty | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
Name | Inbuilt | Fee |
---|---|---|
Achiever Lifetime Income Rider | No | 1.15% annually |
Waivers
Annuitization
Annuitization is the process of converting your Contract Value into a regular stream of Annuity Income Payments. You can convert your annuity into a fixed income stream (via Annuitization) under the base provisions of your contract at any time after the first Contract Anniversary up through the contract Maturity Date. A variety of Annuity Income Options are available. Your income is determined by the Annuity Income Option you select at the then-current Annuity Income Rates.
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