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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%

WealthChoice 10 with Bonus

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Learn how an annuity can provide guaranteed income for life.

Highlights

As a Fixed Indexed Annuity, WealthChoice offers you many financial perks. 
  • Diversified Savings Tool. You have competitive alternatives designed to perform well in different financial environments with a variety of interest rates. 
  • Tax-Deferred Compounding. The growth power of an annuity may increase significantly throughout the life of your contract. 
  • Protection from Declines. If indexes do decrease, your WealthChoice annuity will not be affected, because our guarantees will mitigate that risk.
Available in states: AL, AZ, AR, CA, CO, CT, DE, DC, FL, GA, ID, IL, IN, IA, KS, KY, LA, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, WV, WI, and WY
Type
Fixed Index
Purpose Lifetime Income
Premium Bonus
5%
Term
10 Years
Surrender schedule
10%9%8%7%6%5%4%3%2%1%
Free withdrawal
10%
Market value adjustment
Return of premium
Launch date
05/01/2020
Minimum contribution
$20,000
Maximum contribution
$1,000,000
Max Age Qualified
80
Types of funds
Non-Qualified, 401k, IRA, Pension, IRA Rollover, IRA Transfer, TSA 403b, IRA-Roth, SIMPLE IRA, 457 plan, 1035 Exchange, and TSP
Brochure
Open brochure

Find out if the WealthChoice 10 with Bonus is the right product for you.

Premium Notes

Additional premium allowed in first year only to fixed account, which may be reallocated at the next anniversary. Minimum additional premium is $5,000.

Maximum Age
If adding GLBR, the maximum issue age is 80.

Note: TSP funds have to be rolled into an IRA.

Withdrawal Provisions

Free Partial Withdrawals
10% of the prior anniversary’s Accumulation Value is available free of surrender charge and MVA, applies in all years. During the first year, it is 10% of the initial premium.

Systematic Withdrawals
Depending on your withdrawal preference, you can elect to be paid on an annual, semi-annual, quarterly or monthly basis.

Required Minimum Distributions
The amount that the IRS requires you to withdraw annually after age 72 is always available without a surrender charge penalty, even if the amount is greater than your free annual withdrawal amount.

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
5.25% Fixed
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
45% Participation
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
3.5% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.75% Cap
1-Year Horizon Ascend 5% PTP Participation Rate
Point to Point
Annual
120% Participation
1-Year Barclays Global Quality PTP Participation Rate
Point to Point
Annual
145% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
United Wealth Choice GLBR - Level No 0.95% annually
United Wealth Choice GLBR - Increasing No 0.95% annually

Waivers

Nursing Home

Charges waived due to diagnosis of terminal illness and/or confinement to nursing home after contract is issued (note that premium bonus may still be recaptured upon terminal illness and/or confinement to nursing home.) The nursing home waiver does not include home health care.

Terminal Illness

A health condition or injury experienced, which to a reasonable degree of medical certainty, confirmed by a Physician, will result in that person’s death within one year.note that premium bonus may still be recaptured upon terminal illness and/or confinement to nursing home.

Confinement

Receiving continuous care for at least 30 days from a hospital or long-term care facility.note that premium bonus may still be recaptured upon terminal illness and/or confinement to nursing home.

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