Denali Bonus 7 (CA Only)
The Denali Bonus 7 is a stellar annuity choice specially tailored for Californians! It allows you to grow your retirement savings with gusto, thanks to its impressive bonus feature. Your money works harder for you right from the get-go!
Its flexible access to income benefits is also worth mentioning. You’ll enjoy a sense of security and peace of mind, knowing you can make necessary withdrawals if an unexpected need arises. A truly top-notch choice for that assured and comfortable retirement you've earned!
Denali Bonus 7 (CA Only)
About Product
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Nasdaq Generations 5 PTP Boost Spread |
Boost
Annual
|
1.5%
Spread
|
| 1-Year S&P 500 RavenPack AI PTP Boost Spread |
Boost
Annual
|
1.75%
Spread
|
| 1-Year Barclays Atlas 5 PTP Boost Spread |
Boost
Annual
|
1.5%
Spread
|
| 1-Year Fixed Account |
Fixed
|
3%
Fixed
|
| 1-Year Nasdaq Generations 5 PTP Participation Rate |
Point to Point
Annual
|
132%
Participation
|
| 1-Year S&P 500 RavenPack AI PTP Participation Rate |
Point to Point
Annual
|
140%
Participation
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
35%
Participation
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
5.25%
Cap
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1.75%
Cap
|
| 1-Year Barclays Atlas 5 PTP Participation Rate |
Point to Point
Annual
|
130%
Participation
|
| 1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
65%
Participation
|
| 1-Year S&P 500 Duo Swift PTP Participation Rate |
Point to Point
Annual
|
47%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Penalty | 8% | 7% | 6% | 6% | 5% | 4% | 3% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Denali Bonus with Lifetime Withdrawal Benefit | Yes |
Waivers
No Waivers for Denali Bonus 7 (CA Only) annuity.
Premium Notes
- $10,000 Qualified and Non-Qualified
- Additional premiums allowed 1st 12 months. (Minimum Additional Premium: $2,000). Additional premiums accepted as both, Lump Sum or Periodic payments.
Withdrawal Provisions
Free withdrawalsEach year after the first policy year, you may withdraw up to 5% of your account value (as of the most recent policy anniversary). Free withdrawals will not be subject to withdrawal charges, market value adjustments or bonus recovery percentages, if applicable. One non-systematic free withdrawal allowed per year.
- A.M. Best B
- Comdex 32
