This Flexible Premium Deferred Annuity plan provides maximum opportunity to vary deposits for the accumulation of funds
for retirement or other specific objectives.
Qualified Interest Rate - up to 6.1%
Minimum initial deposit only $100
Base interest rate 3.85%
2% first year bonus (IRA Plans)
Bonus interest .25% with $5,000+ balance
* Bank CD grows at a hypothetical rate of 1.75% (compounded
annually), with gains taxed at the average capital gains tax rate of 25%.
At maturity (usually the policy anniversary nearest the policyowner's 65th birthday) settlement involves a
guaranteed monthly life income (120 months certain). The amount of such income is determined by multiplying the
annuitized values or cash values at that time (see Definitions) by the factor shown in the Settlement Options Table of the policy.
If death occurs, the remaining annuitized value will be paid to a named beneficiary.
Under IRA and HR-10 plans such monthly income may not commence before age 59 1/2 or later than age 70 1/2
in order to avoid income tax implications. Non-qualified plans permit the election of settlement option incomes at
any time, based on the policy's then annuitized value or cash value (see Definitions).
