ForeCertain
Income Annuity
Issued by Forethought Life Insurance Company
Current Interest Rates - Effective 01/16/2024
Bold Text indicates a change in rates.
Annuity Payment - based on $100,000 premium |
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| Income Option 1 | Sex/Age | Immediate Monthly Payment2 | Immediate Annual Payment Percentage3 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 5-Year Guaranteed Payment Period | Male/Female | $1,825 | 21.90% | |||||||
| 10-Year Guaranteed Payment Period | Male/Female | $1,014 | 12.17% | |||||||
| Single Life Annuity |
Male 70
Male 75
Male 80
Female 70 Female 75 Female 80 |
$703
$829
$1,019
$662 $767 $925 |
8.44%
9.95%
12.23%
7.94% 9.20% 11.10% |
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| Single Life Annuity with 10-Year Guaranteed Payment Period |
Male 70
Male 75
Male 80
Female 70 Female 75 Female 80 |
$679
$774
$877
$644 $732 $835 |
8.15%
9.29%
10.52%
7.73% 8.79% 10.02% |
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| Single Life Annuity with Cash Refund |
Male 70
Male 75
Male 80
Female 70 Female 75 Female 80 |
$650
$739
$859
$622 $700 $802 |
7.80%
8.87%
10.30%
7.46% 8.40% 9.62% |
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| Joint Life Annuity with Cash Refund |
Male/Female 70
Male/Female 75
Male/Female 80
|
$580
$657
$761
|
6.96%
7.88%
9.13%
|
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1 Rates shown do not include any optional features or benefits, in which payments may be lower.
2 Please call the Sales Desk to obtain an annual payment calculation.
3 Annual payment percentage is the total annual cash payment generated from the contract and is calculated by: (monthly payment x 12 months)/premium.
You can run a quote by visiting globalatlantic.com or
calling the sales desk at (833) ASK-GA4U or (833) 275-4248.
globalatlantic.com
This material is intended to provide educational information regarding the features and mechanics of the product and is intended for financial professional use only. It should not be considered, and does not constitute, personalized investment advice. The issuing insurance company is not an investment adviser nor registered as such with the SEC or any state securities regulatory authority. It’s not acting in any fiduciary capacity with respect to any contract and/or investment.
Guarantees are based on the claims-paying ability of Forethought Life Insurance Company and assume compliance with the product’s benefit rules, as applicable.
Taxable distributions (including certain deemed distributions) are subject to ordinary income taxes, and if made prior to age 59½, may also be subject to a 10% federal income tax penalty. Distributions received from a non-qualified contract are taxable to the extent of the income on the contract and to the extent of untaxed investment income on the funds used to purchase the contract. Payments from IRAs are taxable in accordance with the normal rules surrounding taxation of payments from an IRA.
ForeCertain Income Annuity is issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana and is available in most states with contract FL-FPA-13, as applicable.
Products and features are subject to state and firm variations and availability. Read the contract for complete details.
Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries, including Forethought Life Insurance Company and Accordia Life and Annuity Company. Each subsidiary is responsible for its own financial and contractual obligations. These subsidiaries are not authorized to do business in New York.
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE WITH THE PUBLIC.
IA5006
(01-16-2024) 1567161.7
© 2024 Global Atlantic
