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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

Personal Choice Plus (CA, FL Only)

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Highlights

Sentinel Personal Choice Plus annuity provides flexibility by allowing the selection of optional riders to a 5 year, single premium, a deferred annuity with three different indexing strategies, in addition to a fixed account. 
Available in states: CA, and FL
Type
Fixed Index
Purpose Accumulation & Legacy
Term
5 Years
Surrender schedule
10%9%8%7%5%
Free withdrawal
0%
Market value adjustment
Return of premium
Minimum contribution
$5,000
Maximum contribution
$1,000,000
Max Age Qualified
90
Types of funds
Non-Qualified, 401k, IRA, IRA Rollover, 401a, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, 1035 Exchange, Stretch IRA, Inherited IRA, and TSP
Brochure
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Find out if the Personal Choice Plus (CA, FL Only) is the right product for you.

Withdrawal Provisions

Optional Riders and Cost
Required Minimum Distribution - 0.16% fee
Preferred 10% Free Withdrawal - 0.08% fee
Death Benefit Feature - 0.35% fee
Accumulated Interest Withdrawal - 0.08% fee

Market Value Adjustment
The MVA is specified in the contract. The MVA expires at the end of each Guarantee Period and reinstates when the annuity rolls into a new Guarantee Period.

Required Minimum Distribution
This rider waives the Surrender Charge and MVA on any Required Minimum Distribution (RMD) from tax-qualified plans starting in the first contract year.

Preferred 10% Free Withdrawal
This rider waives the Surrender Charges and MVA for the first withdrawal per year starting in the second contract year. The owner may withdraw up to the greater of 10% of the account value (as of the last contract anniversary date) or the required minimum distribution (RMD). Surrender charges and MVA may apply if the withdrawal exceeds the greater of 10% or the RMD or there are multiple withdrawals in that contract year.

Accumulated Interest Withdrawal
This rider waives the Surrender Charge and MVA associated with accumulated interest withdrawals, starting in the first contract year.

Surrender Charges
If you surrender your policy or request a withdrawal, surrender charges will apply unless you add one of the optional riders.
Attained Age - Surrender Charge:
90-93 - 5%, 94 - 4%,  95 - 3%, 96 - 2%, 97 - 1%, Above 98 -  0%

Death Benefit
The amount payable if the Owner, or the Annuitant if the Owner is not a Natural Person, dies before annuity payments begin, is equal to the Cash Surrender Value. The following options are available to each beneficiary: 
  • Lump Sum 
  • Distributed within five years 
  • Installment payments using a Settlement Option 
  • Enhanced Death Benefit Option 
    • Receive the Benefit Base payable in equal periodic payments over 5 years 
    • Benefit Base receives a Roll up Rate equal to 150% of the Net Interest Rate 
Death Benefit Feature is required in California and Florida and is priced into the California and Florida rates. All California and Florida contracts are issued with the Death Benefit Feature. All Owners 86-90 are required to purchase the Death Benefit Rider in all states except California and Florida. Nursing Home Rider/Terminal Illness Rider Not Available in California, Florida.

Allocation Accounts

Name Type Rates
5-Year Fixed Account
Fixed
3% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
4.1% Cap
1-Year S&P 500 PTP Monthly Average Cap
Point to Point
Annual
Monthly average
4.2% Cap
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
1.75% Cap

Surrender schedule

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

Riders

Name Inbuilt Fee
Preferred 10% Free Withdrawal - 0.08% fee No 0.08% annually
Required Minimum Distribution - 0.16% fee No 0.16% annually
Accumulated Interest Withdrawal - 0.08% fee No 0.08% annually
Death Benefit Feature CA, FL Yes

Waivers

Surrender Window

30 days prior to the end of the Guarantee Period, the following options are available to take effect on the next Contract Anniversary: 1. Continue the contract for another Guarantee Period; 2. Apply the Contract Value to a Settlement Option; 3. Take a Partial Withdrawal, with no MVA or Surrender Charges, and apply the remaining value to another Guarantee Period; 4. Surrender the contract without MVA or Surrender Charges.

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