Choice Accumulation
planning

Upside potential, downside market protection

(Choice Accumulation is only available through independent producers. Speak with your financial professional to see if this product is available to you.)

Choice Accumulation fixed index annuity (FIA) includes an accumulation benefit that provides upside opportunity with downside market protection. With Choice Accumulation, you can’t experience market-based losses, regardless of market performance.1 This fixed index annuity also includes a Guaranteed Minimum Accumulation Value (GMAV) feature.

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The percentage of Baby Boomers feeling extremely or very confident they will have enough money to last throughout retirement has declined significantly to 27%2

Introducing the Guaranteed Minimum Accumulation Value

One of the benefits of an FIA is the upside potential. Choice Accumulation adds to this potential through a feature called the Guaranteed Minimum Accumulation Value (GMAV). The GMAV is a separate value tracked independently from your contract value. It may grow at each contract anniversary by a stated percentage rate during the withdrawal charge period.

With Choice Accumulation, if you wait until after your withdrawal charge period (six or eight years) to take a withdrawal, your actual account value will be compared to the GMAV at the end of the withdrawal charge period. At that time, the contract value will be reset to the greater of the two values.

The GMAV can provide an increase to the contract value at the earlier of the first owner’s death or at the end of the withdrawal charge period. However, the GMAV equals zero and terminates at the time of any withdrawal from the contract during the withdrawal charge period (including the free withdrawal amount).

Another of the key benefits of an FIA is the potential to provide additional interest crediting above and beyond a traditional interest-bearing product, such as a savings account.3 Choice Accumulation offers five interest crediting methods. You can allocate your funds between one or multiple methods.

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Product Highlights

product detail
  • Dependability of knowing you have the opportunity for your money to grow faster than with traditional deposit products3

  • Guaranteed Minimum Accumulation Value (GMAV)

  • Protection against market-based losses, regardless of market performance

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Access upside opportunity with downside market protection.

Speak to your financial advisor about Choice Accumulation today.