Consistent 15% growth to the Withdrawal Base for up to 20 years

Guaranteed income growth OR greater income growth potential? Your client’s choice.

With a ForeIncome fixed index annuity (FIA) you can help your clients build a "retirement paycheck for life" with two options to secure guaranteed lifetime income.

Option 1: Select the Guaranteed Income Builder Benefit to give clients consistent 15% growth (of their initial premium adjusted for withdrawals) added to their Withdrawal Base every year until the earlier of 20 years or when they start taking income.^1,2,5

Option 2: Select the Income Multiplier Benefit to give clients steady income with growth potential – even during retirement. Prior to income activation, your client can get 3X any earned interest credits added to their Withdrawal Base.⁵ Once they decide to take income – they can continue to get 1X any earned interest credits to their Withdrawal Base. ^1,3,5

No matter which option your client chooses, they will be protected from down-market losses⁴, which means less to worry about. In addition, ForeIncome offers added flexibility when clients need to access their money, including the option to delay selecting single or joint lifetime income until they begin receiving their income payments.

Note: At contract issue, contract owners must elect between the Guaranteed Income Builder Benefit with an annual fee of 1.20%, or the Income Multiplier Benefit with an annual fee of 1.05%. Prior to income activation, no annual rollups will occur in years in which partial withdrawals are taken.

The Flexibility to choose between two Payment Options

At the time of income activation, your clients can choose the lifetime Payment Option that fits their needs at that time. The Guaranteed Income Builder Benefit Rider offers two options for Lifetime Annual Payments; a standard Level Payment Option providing level payments for life, or the Lifestyle Payment Option,^* designed to provide a higher level of income during the early years of retirement, when spending habits are typically at their highest. Payments level off and then decrease in later years, as spending habits are typically lower.^** The Guaranteed Lifetime Annual Payment amount is based on the age of the covered life at the time of income activation for single life activation, or the younger of two covered lives in the event of joint income activation. Payments will be highest in the Active Payment Phase due to the Enhancement Percentage and lower in the remaining Phases.

^* Feature may not be available in all states. The Lifestyle Payment Option is not available in CA.

^** Assuming no excess withdrawals

Important information for the Lifestyle Payment Option
Provides guaranteed Lifetime Annual Payments divided into three Payments Phases that are based on attained age: Active, Steady, Legacy.

The Lifestyle Payment Option is only available for election until age 70. If no Payment Option is elected the Level Payment Option is the default.

The Steady Phase (ages 73-82), will begin on the Contract Anniversary on or following the date on which the Covered Life for Single Life (or the youngest Covered Life for Joint Life) reaches the Attained Age equal to the Steady Payment Phase Start Age.

The Legacy Phase (ages 83+), will begin on the Contract Anniversary on or following the date on which the Covered Life for Single Life (or the youngest Covered Life for Joint Life) reaches the Attained Age equal to the Legacy Payment Phase Start Age.

Planning for the Unexpected

Double your income for a healthcare setback.

At no added cost, ForeIncome includes the Income Enhancement Benefit that will double your client’s guaranteed annual income amount for up to five years if they are unable to perform two or more Activities of Daily Living (ADLs).^6,7 ADLs are things like eating, bathing or simply getting dressed.

Getting the care they need can be expensive. But even when they're down, this built-in feature can help keep their retirement journey on track.