GLOSSARY OF TERMS___________________ |
1 |
3 | |
Overview of the policy______________ |
7 |
EXAMPLES
_________________________ |
9 |
Policy
____________________________ |
15 |
Business Continuity____________________ |
16 |
16 | |
Transamerica Life Insurance Company_________ |
16 |
Financial Condition of the Company__________ |
16 |
The Separate Account___________________ |
17 |
The Underlying Funds___________________ |
17 |
Other Transamerica Policies_______________ |
17 |
VOTING RIGHTS______________________ |
18 |
THE ANNUITY POLICY__________________ |
18 |
PURCHASE___________________________ |
19 |
Policy Issue Requirements_________________ |
19 |
Premium Payments_____________________ |
19 |
Initial Premium Requirements______________ |
19 |
Additional Premium Payments______________ |
19 |
Maximum Total Premium Payments__________ |
20 |
Allocation of Premium Payments____________ |
20 |
Policy
Value_________________________ |
20 |
INVESTMENT OPTIONS_________________ |
20 |
21 | |
Options_________________________ |
22 |
The Fixed Account_____________________ |
23 |
Transfers___________________________
|
23 |
Investment Restrictions__________________ |
24 |
Market Timing and Disruptive Trading_________ |
24 |
EXPENSES____________________________ |
26 |
Transaction Expenses___________________ |
27 |
Surrender Charges_____________________ |
27 |
Excess Interest Adjustment________________ |
28 |
Premium Taxes_______________________ |
28 |
Federal, State and Local Taxes______________ |
28 |
Special Service Fees_____________________ |
28 |
Transfer
Fee_________________________ |
28 |
Base Contract Expenses__________________ |
29 |
Mortality and Expense Risk Fees_____________ |
29 |
Administrative Charges__________________ |
29 |
Annual Service Charge___________________ |
29 |
Initial Payment Guarantee________________ |
29 |
Fund Facilitation Fee____________________ |
29 |
Access
Rider_________________________ |
29 |
Optional Benefits______________________ |
29 |
29 | |
Reduced Fees and Charges________________ |
29 |
Revenue We Receive____________________ |
30 |
31 | |
Ownership__________________________
|
31 |
Beneficiary__________________________
|
31 |
Assignment_________________________
|
31 |
Termination for Low Value________________ |
32 |
Certain Offers________________________ |
32 |
Exchanges and/or Reinstatements____________ |
32 |
ACCESS TO YOUR MONEY_______________ |
33 |
Surrenders__________________________
|
33 |
Delay of Payment and Transfer______________ |
33 |
Excess Interest Adjustment________________ |
33 |
Signature Guarantee____________________ |
34 |
35 | |
Annuity Payment Options________________ |
35 |
37 | |
DEATH BENEFIT_______________________ |
51 |
When We Pay A Death Benefit_____________ |
51 |
52 | |
52 | |
Succession of Ownership_________________ |
52 |
Spousal Continuation___________________ |
52 |
Amount of Death Benefit_________________ |
53 |
Guaranteed Minimum Death Benefit__________ |
53 |
Adjusted Partial Withdrawal_______________ |
54 |
Optional Benefit Riders_____________ |
55 |
ADDITIONAL FEATURES________________ |
75 |
Systematic Payout Option________________ |
75 |
Initial Payment Guarantee________________ |
75 |
Access
Rider_________________________ |
76 |
Option__________________________ |
76 |
Unemployment Waiver__________________ |
76 |
77 | |
Dollar Cost Averaging Program_____________ |
77 |
Asset Rebalancing_____________________ |
78 |
Loans______________________________ |
78 |
TAX INFORMATION____________________ |
78 |
OTHER INFORMATION_________________ |
87 |
State Variations_______________________ |
87 |
Right to Cancel Period__________________ |
87 |
Order___________________________ |
88 |
Regulatory Modifications to Policy___________ |
88 |
88 | |
Mixed and Shared Funding________________ |
88 |
Abandoned or Unclaimed Property___________ |
89 |
Legal Proceedings______________________ |
89 |
Distribution of the Policies________________ |
89 |
| |
UNDER
THE POLICY______________ |
91 |
| |
100 | |
| |
POLICY VARIATIONS________________ |
103 |
| |
Examples
______________________ |
106 |
| |
Death Benefit____________________ |
109 |
| |
111 | |
| |
112 | |
| |
113 |
| |
PAM METHOD TRANSFERS____________ |
118 |
| |
Riders
_________________________ |
121 |
| |
125 | |
| |
Available
______________________ |
127 |
|
FEES AND EXPENSES |
Location in
Prospectus | ||
Charges for Early
Withdrawal |
If You withdraw money during a specified number of Policy Years
following each premium payment, You may be assessed a
surrender charge. The surrender charge is assessed for 5
years per premium with a maximum of 5%.
For example, if You make an early withdrawal. You could pay a surrender
charge on a $100,000 investment of up to
$5,000. |
Annuity Policy Fee
Tables and
Expense
Examples
Transaction Expenses
– Surrender Charges Access to Your Money -Surrenders | ||
Transaction Charges |
In addition to surrender charges, You also may be assessed a transfer
fee and special services fee.
Transfer Fee. We reserve the right to charge for transfers among Investment
Options after the first 12 transfers per Policy Year. For each such
additional transfer, we may impose a transfer fee of $10.
Currently, we do not charge a transfer fee, but reserve
the right to do so. Special Service
Fee. We reserve the right to deduct a $50 charge for special
services, including overnight delivery, duplicate policies, handling
insufficient checks on new business, duplicate Form 1099
and Form 5498 tax forms, check copies, printing and
mailing previously submitted forms, and asset
verification requests from mortgage companies. |
Annuity Policy Fee
Tables and
Expense
Examples
Expenses – Transaction Expenses |
|
FEES AND EXPENSES
|
Location in
Prospectus | ||
Ongoing Fees and
Expenses
(annual charges) |
The table below describes the fees and expenses that You may pay
each year, depending on the options You choose. Please
refer to Your Policy specifications page for information
about the specific fees You will pay each year based on
the options You have elected. |
Annuity Policy Fee
Tables and
Expense
Examples
Base Contract
Expenses Appendix
– Portfolio Companies Available Under the Policy | ||
Annual Fee |
Minimum |
Maximum | ||
Base Policy1 |
1.00% |
3.00% | ||
Portfolio Company (fund fees and
expenses)2 |
0.54% |
1.45% | ||
Optional Benefit Expenses (if elected) |
0.15%1 |
2.50%3 | ||
1 As a percentage of average Separate Account Value. | ||||
2 As a percentage of Policy Value. | ||||
3 As a percentage of the Withdrawal Base. | ||||
Because Your Policy is customizable, the choices You make affect how
much You will pay. To help You understand the cost of
owning Your Policy, the following table shows the lowest
and highest cost You could pay each
year based on current charges. This estimate assumes that You do not
take withdrawals from the Policy, which could add surrender charges that substantially increase costs.
| ||||
Lowest Annual Cost
$1,576 |
Highest Annual Cost
$6,343 | |||
Assumes: |
Assumes: | |||
●Investment of $100,000 ●5% annual appreciation
●Least expensive Portfolio Company fees and expenses ●No optional benefits
●No sales charges ●No additional purchase payments,
transfers, or withdrawals |
●Investment of $100,000 ●5% annual appreciation
●Most expensive combination of optional benefits and Portfolio Company fees and expenses ●No sales charges
●No additional purchase payments, transfers, or withdrawals | |||
|
RISKS |
Location in
Prospectus | ||
Risk of Loss |
You can lose money by investing in this Policy. |
Principal Risks of
Investing in the
Policy | ||
Not a Short-Term
Investment |
This Policy is not a short-term investment and is not appropriate for
an investor who needs ready access to cash.
Surrender charges may apply for several years under the Policy.
Surrender charges will reduce the value of Your Policy if
You withdraw money during that time.
The benefits of tax deferral and living benefit protection also means
the Policy is more beneficial to investors with a
long-term time horizon. |
Principal Risks of
Investing in the
Policy Transaction
Expenses -
Surrender Charges
Tax Information
|
|
RISKS |
Location in
Prospectus | ||
Risks Associated with
Investment Options |
●An investment in this Policy is subject to the risk of poor investment
performance and can vary depending on the performance of the
Investment Options available under the
Policy. ●Each Investment Option, including the Fixed Account, has its own
unique risks.
●You should review the prospectuses for the available Portfolio Companies before making an investment decision. |
Principal Risks of
Investing in the
Policy Investment
Options Appendix:
Portfolio
Companies Available
Under the
Policy | ||
Insurance Company
Risks |
Any obligations (including under the Fixed Account), guarantees, and
benefits under the Policy are subject to our
claims-paying ability. If we experience financial
distress, we may not be able to meet our obligations to
You. More information about Transamerica Life Insurance Company, including our financial strength ratings, is available by visiting
transamerica.com or by calling toll-free (800)525-6205. |
Principal Risks of
Investing in the
Policy
Transamerica Life
Insurance Company
Financial
Condition | ||
|
RESTRICTIONS |
Location in
Prospectus | ||
Investments |
●We reserve the right to impose a charge for transfers in excess of 12
transfers per Policy Year.
●We reserve the right to limit transfers in circumstances of large or
frequent transfers.
●The Fixed Account option may not be available for investment depending on when You applied for Your Policy and when it was issued.
●We reserve the right to remove or substitute the Portfolio Companies
that are available as Investment Options under the Policy.
|
Transaction
Expenses
Investment Option – Transfers Market Timing and Disruptive Trading | ||
Optional Benefits |
●Certain optional benefits limit or restrict the Investment Options that
You may select under the Policy. We reserve the right to change these
restrictions in the future.
●Withdrawals that exceed limits specified by the terms of an optional
benefit may reduce the value of an optional benefit by an amount
greater than the value withdrawn, which could
significantly reduce the value or even terminate the
benefit. ●We reserve the right to stop offering an optional benefit at any time for
new sales, which includes sales to the Owners who may want to
purchase the benefit after they purchase the
Policy. ●In some cases, a benefit may not be available through all financial
intermediaries or all states. For more information on the options
available for electing a benefit, please contact your
financial intermediary or our Administrative
Office. |
Investment
Restrictions
Benefits Available
Under the
Policy Optional
Benefit Riders |
|
TAXES |
Location in
Prospectus | ||
Tax Implications |
●Consult with a tax professional to determine the tax implications of an
investment in and payments received under the Policy.
●If You purchase the Policy as an individual retirement account or
through a tax qualified plan, You do not get any additional tax
benefit. ●You will generally not be taxed on increases in the value of Your Policy
until they are withdrawn. Earnings on Your Policy are taxed at ordinary
income tax rates when withdrawn, and You may have to pay
a penalty if You take a withdrawal before age 59
½. |
Tax Information
| ||
|
CONFLICT OF INTEREST |
Location in
Prospectus | ||
Investment Professional
Compensation |
Your investment professional may receive compensation for selling this
Policy to You, in the form of commissions, additional
cash benefits (e.g., bonuses), and non-cash compensation.
Our affiliate, Transamerica Capital, Inc. (“TCI”) is the principal underwriter and may share the
revenue we earn on this Policy with Your investment
professional’s firm. In addition, we may pay all or
a portion of the cost of affiliates’ operating and
other expenses. This conflict of interest may influence Your investment professional to recommend this Policy over another investment
for which the investment professional is not compensated or compensated
less. |
Distribution of the
Policies | ||
Exchanges |
If You already own an insurance Policy, some investment professionals
may have a financial incentive to offer You a new Policy
in place of the one You own. You should only exchange a
Policy you already own if You determine, after comparing
the features, fees, and risks of both policies, that it
is better for You to purchase the new Policy rather than continue to own Your existing Policy. |
Exchanges and/or
Reinstatements
|
Sales Load Imposed On Purchase Payments |
0% |
Maximum Surrender Charge (as a % of premium payments surrendered)(1) |
5% |
Transfer
Fee(2) |
$10 |
Special Service
Fee(3) |
$25 |
Annual Service Charge(4)
|
$35 per policy |
Base Contract Expenses (as a percentage, annually,
of average Separate Account Value)(5): |
1.00% |
Fund Facilitation Fee |
0.30% |
Optional Benefit Expenses: |
|
Double Enhanced Death Benefit - No Longer
Available |
0.80% |
Annual Step-Up Death Benefit |
0.35% |
Return of Premium Death Benefit |
0.15% |
Access Rider |
0.20% |
Optional Death Benefit Riders
– No Longer
Available: |
|
Additional Death
DistributionSM (annual
charge based on Policy Value) |
0.25% |
Additional Death
Distribution+SM (annual
charge based on Policy Value) |
0.55% |
|
Maximum |
Optional Guaranteed Lifetime Withdrawal Benefit Riders – No Longer Available(6):
|
|
Retirement Income Max® rider (annual charge - a % of withdrawal base):* (for riders issued on or after May 1, 2017) |
2.50% |
Retirement Income Choice® 1.6 rider (annual charge - a % of withdrawal base):* (for riders issued on or after May 1, 2017) |
|
Base Benefit Designated Allocation Group A* |
2.50% |
Base Benefit Designated Allocation Group B* |
2.50% |
Base Benefit Designated Allocation Group C* |
2.50% |
Additional Benefits available with the Retirement Income Choice® 1.6 rider: (for riders issued on or after May 1, 2017) |
|
Death Benefit (Single Life Option)* |
0.55% |
Death Benefit (Joint Life Option)* |
0.50% |
Income EnhancementSM Benefit (Single Life Option)* |
0.45% |
Income EnhancementSM Benefit (Joint Life Option)* |
0.65% |
|
Maximum |
Current |
Optional Guaranteed Lifetime Withdrawal Benefit Riders – No Longer Available(6):
|
|
|
Living Benefits Rider (annual charge - a % of Principal Back Total Withdrawal Base) |
1.25% |
1.25% |
Retirement Income Max® rider (annual charge - a % of withdrawal base): (for riders issued December 12, 2011 to April 30, 2017) |
2.00% |
1.25% |
Retirement Income Choice® 1.6 rider (annual charge - a % of withdrawal base): (for riders issued May 1, 2014 to April 30, 2017) |
|
|
Base Benefit Designated Allocation Group A |
2.20% |
1.45% |
Base Benefit Designated Allocation Group B |
1.85% |
1.10% |
Base Benefit Designated Allocation Group C |
1.45% |
0.70% |
Additional Benefits available with the Retirement Income Choice® 1.6 rider: (for riders issued May 1, 2014 to April 30, 2017) |
|
|
Death Benefit (Single Life Option) |
0.40% |
0.40% |
Death Benefit (Joint Life Option) |
0.35% |
0.35% |
Income EnhancementSM Benefit (Single Life Option) |
0.30% |
0.30% |
Income EnhancementSM Benefit (Joint Life Option) |
0.50% |
0.50% |
|
Maximum |
Current |
Optional Guaranteed Lifetime Withdrawal Benefit Riders – No Longer
Available: |
|
|
Living Benefits Rider (annual charge - a % of Principal Back Total Withdrawal Base) |
1.25% |
1.25% |
Retirement Income Max® rider (annual charge - a % of withdrawal base): (for riders issued before December 12, 2011) |
1.75% |
1.00% |
Retirement Income Choice® 1.6 rider (annual charge - a % of withdrawal base): (for riders issued before May 1, 2014) |
|
|
Base Benefit Designated Allocation Group A |
2.30% |
1.55% |
Base Benefit Designated Allocation Group B |
1.85% |
1.10% |
Base Benefit Designated Allocation Group C |
1.45% |
0.70% |
Additional Benefits available with the Retirement Income Choice® 1.6 rider: (for riders issued before May 1, 2014) |
|
|
Death Benefit (Single Life Option) |
0.40% |
0.40% |
Death Benefit (Joint Life Option) |
0.35% |
0.35% |
Income EnhancementSM Benefit (Single Life Option) |
0.30% |
0.30% |
Income EnhancementSM Benefit (Joint Life Option) |
0.50% |
0.50% |
|
Maximum Single |
Maximum Joint |
Optional Guaranteed Lifetime Withdrawal Benefit Riders - No Longer Available: |
|
|
Income SelectSM for Life - Single and Joint Life Option (annual charge - a % of Total Withdrawal Base): |
1.15% |
1.35% |
Additional Benefits available with Income SelectSM for
Life rider: |
|
|
Growth Benefit |
0.25% |
0.50% |
Death Benefit |
0.25% |
0.20% |
Income EnhancementSM Benefit |
0.10% |
0.20% |
|
Maximum |
Current |
Retirement Income Choice® rider - Single Life Option: (annual charge - a % of Withdrawal Base) |
2.10% |
1.35% |
|
Maximum |
Current |
Additional Benefits available with the Retirement Income Choice® rider: |
|
|
Death Benefit |
0.25% |
0.25% |
Income EnhancementSM Benefit |
0.15% |
0.15% |
Retirement Income Choice® rider - Joint Life Option (annual charge - a % of Withdrawal Base): |
2.40% |
1.65%(1) |
Additional Benefits available with the Retirement Income Choice® rider: |
|
|
Death Benefit |
0.20% |
0.20% |
Income EnhancementSM Benefit |
0.30% |
0.30% |
Retirement Income Choice® with Double Withdrawal Base Benefit rider - Single Life Option (annual charge - a % of Withdrawal Base): |
2.40% |
1.65%(1) |
Additional Benefits available with the Retirement Income Choice® with Double Withdrawal Base Benefit rider: |
|
|
Death Benefit |
0.25% |
0.25% |
Income EnhancementSM Benefit |
0.15% |
0.15% |
Retirement Income Choice® with Double Withdrawal Base Benefit rider - Joint Life Option (annual charge - a % of Withdrawal Base): |
2.40% |
1.65%(1) |
Additional Benefits available with the Retirement Income Choice® with Double Withdrawal Base Benefit rider: |
|
|
Death Benefit |
0.20% |
0.20% |
Income EnhancementSM Benefit |
0.30% |
0.30% |
Retirement Income Choice® 1.4 rider (annual charge - a % of withdrawal base): |
|
|
Base Benefit Designated Allocation Group A |
2.30% |
1.55% |
Base Benefit Designated Allocation Group B |
1.85% |
1.10% |
Base Benefit Designated Allocation Group C |
1.45% |
0.70% |
Additional Benefits available with the Retirement Income Choice® 1.4 rider: |
|
|
Death Benefit (Single Life Option) |
0.40% |
0.40% |
Death Benefit (Joint Life Option) |
0.35% |
0.35% |
Income EnhancementSM Benefit (Single Life Option) |
0.30% |
0.30% |
Income EnhancementSM Benefit (Joint Life Option) |
0.50% |
0.50% |
Retirement Income Choice® 1.2 rider (annual charge - a % of withdrawal base): |
|
|
Base Benefit Open Allocation Option |
2.30% |
1.55% |
Base Benefit Designated Allocation Group A |
2.30% |
1.55% |
Base Benefit Designated Allocation Group B |
1.85% |
1.10% |
Base Benefit Designated Allocation Group C |
1.45% |
0.70% |
Additional Benefits available with the Retirement Income Choice® 1.2 rider: |
|
|
Death Benefit (Single Life Option) |
0.40% |
0.40% |
Death Benefit (Joint Life Option) |
0.35% |
0.35% |
Income EnhancementSM Benefit (Single Life Option) |
0.30% |
0.30% |
Income EnhancementSM Benefit (Joint Life Option) |
0.50% |
0.50% |
Income LinkSM rider (annual charge a - % of withdrawal base): |
2.00% |
1.25% |
Portfolio Companies |
Annualized Fee % |
American Funds - Asset Allocation FundSM - Class 2
American Funds - Growth FundSM - Class 2
American Funds - Growth-Income FundSM - Class 2
American Funds - International FundSM - Class 2
American Funds - The Bond Fund of AmericaSM - Class 2 |
0.30% |
AB Balanced Hedged Allocation Portfolio - Class B State Street Total Return V.I.S. Fund - Class 3 |
0.20% |
Franklin Allocation VIP Fund - Class 4 TA MSCI EAFE Index - Service Class TA S&P 500 Index - Service Class |
0.15% |
Annual Portfolio Company Expenses |
Minimum |
Maximum |
Expenses that are deducted from Portfolio Company assets, including management fees, distribution and/or service 12b-1 fees, Fund Facilitation Fee if applicable and other expenses |
0.54% |
1.45% |
Expenses that are deducted from Portfolio Company asset, including management fees, 12b-1 fees, Fund Facilitation Fee if applicable and other expenses, after any waivers or expense reimbursement |
0.54% |
1.41% |
1 Year |
$11,481 |
3 Years |
$23,977 |
5 Years |
$36,929 |
10 Years |
$75,000 |
1 Year |
$6,981 |
3 Years |
$21,277 |
5 Years |
$36,029 |
10 Years |
$75,000 |
1 Year |
$7,175 |
3 Years |
$21,826 |
5 Years |
$36,884 |
10 Years |
$76,386 |
1 Year |
$7,175 |
3 Years |
$21,826 |
5 Years |
$36,884 |
10 Years |
$76,386 |
Number of Years Since Premium Payment Date |
Surrender Charge (as a percentage of premium surrendered) |
0–1 |
5% |
1–2 |
4% |
2–3 |
3% |
3–4 |
2% |
4–5 |
1% |
more than 5 |
0% |
Number of Years Since Annuity Commencement Date |
Surrender Charge (as a % of premium surrendered) |
0–1 |
4% |
1–2 |
3% |
2–3 |
2% |
3–4 |
1% |
more than 4 |
0% |
Incoming Payments to the Company and/or TCI | |
Underlying Fund Portfolio |
Maximum Fee % of assets |
TRANSAMERICA SERIES TRUST (“TST”) |
0.25% |
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) |
0.55% |
AB VARIABLE PRODUCTS SERIES FUND, INC. |
0.45% |
AMERICAN FUNDS INSURANCE
SERIES®
TRUST |
0.25% |
FIDELITY® VARIABLE INSURANCE PRODUCTS FUND |
0.395% |
FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST |
0.50% |
STATE STREET VARIABLE INSURANCE SERIES FUNDS, INC. |
0.45% |
JANUS ASPEN SERIES |
0.35% |
MFS® VARIABLE INSURANCE TRUST |
0.45% |
S* (G-C)* (M/12) | ||
S |
= |
Is the amount (before surrender charges, premium taxes and the application of any
Guaranteed Minimum Death Benefits, if any) being surrendered, withdrawn,
transferred, paid upon death, or applied to an income option
that is subject to the Excess Interest Adjustment;
|
G |
= |
Is the guaranteed interest rate for the guaranteed period applicable to “S”; |
C |
= |
Is the current guaranteed interest rate then being offered on new premium payments
for the next longer option period than “M”. If this Policy form or such an option
period is no longer offered, “C” will be the U.S. Treasury rate for the next longer
maturity (in whole years) than “M” on the 25th day of the previous calendar month,
plus up to 2%, |
M |
= |
Number of months remaining in the current option period for
“S”, rounded up to
the next higher whole number of months; and |
* |
= |
multiplication |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Access Rider |
Eliminates all surrender charges
during the accumulation phase. |
Optional |
0.20% as a
percentage of the
daily net asset value
in the Separate
Account |
●Available only at purchase.
●The rider is irrevocable. ●May not be available in all
states. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
“Base Policy” Death Benefit |
Pays death benefit generally
equal to the greatest of Policy
Value, Cash Value plus positive
Excess Interest Adjustment and
Fixed Account portion of
minimum required Cash Value
plus the Separate Account
portion of the Policy Value. |
Standard |
No Charge |
●Available only at purchase. ●Cannot change death benefit
once elected.
●Not available if You or Annuitant is 86 or older on Policy Date. ●Will be in effect if no
optional death benefit is
elected when you purchase
your policy.
●Withdrawals can significantly reduce benefit value or terminate benefit. ●Has a mandatory Annuity
Commencement Date.
●Terminates upon Annuitization. ●May not be available in all
states. |
Double Enhanced
Death Benefit |
Pays the greater of 6% Annually
Compounding death benefit or
Monthly Step-Up death benefit. |
Optional |
0.80% annually of
average Separate
Account Value |
●This benefit is no longer
available.
●Was available only at purchase. ●Cannot change death benefit
once elected.
●Could not be combined with an active Guaranteed Living Withdrawal Benefit or Guaranteed Minimum Income Benefit rider. ●Was not available if You or
Annuitant is 76 or older on
Policy Date.
●Must allocate 100% of Policy Value to designated Investment Options. ●Withdrawals can significantly
reduce benefit value or
terminate benefit.
●Has a mandatory Annuity Commencement Date. ●Terminates upon
Annuitization.
●May not be available in all states. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Annual Step-Up Death
Benefit |
Pays death benefit equal to
highest Policy Value on Policy
Date prior to Annuitant’s 81st
birthday (adjusted for premium
payments and withdrawals). |
Optional |
0.35% annually of
average Separate
Account Value |
●Available only at purchase. ●Cannot change death benefit
once elected.
●Not available if You or Annuitant is 76 or older on Policy Date. ●Death benefit equal to
highest Policy Value on Policy
Date or on any Policy
Anniversary prior to
Annuitant’s 81st birthday
(adjusted for premium
payments and withdrawals).
●Withdrawals can significantly reduce benefit value or terminate benefit. ●”Step-Up” ends on Policy
Anniversary prior to Your
81st birthday.
●Has a mandatory Annuity Commencement Date. ●Terminates upon
Annuitization.
●May not be available in all states. |
Return of Premium
Death Benefit |
Pays a minimum death benefit
equal to total premium
payments (less any adjusted
withdrawals as of the date of
death, and minus withdrawals
from the date of death to the
date the death benefit is paid). |
Optional |
0.15% annually of
the average Separate
Account Value |
●Available only at purchase.
●Cannot change death benefit once elected. ●Equal to total premium
payments less any adjusted
partial withdrawals as of the
date of death.
●Not available if you or the Annuitant is 86 or older on the Policy Date. ●Withdrawals can significantly
reduce benefit value or
terminate benefit.
●Terminates upon Annuitization. ●May not be available in all
states. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Additional Death
DistributionSM |
Pays an additional death benefit
amount based on any rider
earnings, since the rider was
issued. |
Optional |
0.25% annually of
the Policy Value |
●This rider is no longer available. ●Was available for issue ages
through 75 and younger.
●Was not available to Inherited IRAs. ●Was available only with
Return of Premium Death
Benefit or Annual Step-Up
Death Benefit and subject to
the same investment
restrictions.
●Additional benefit amount varies by issue age. ●Terminates upon
Annuitization. |
Additional Death
Distribution+SM |
Pays an additional death benefit
amount that varies depending
on time elapsed since rider date. |
Optional |
0.55% annually of
the Policy Value |
●This rider is no longer available. ●Was available only for issue
ages 69 and younger
●Was not available to Inherited IRAs. ●Was available only with the
Return of Premium Death
Benefit or Annual Step-Up
Death Benefit, and subject to
the same Investment
Restrictions.
●Additional benefit amount during first five years after rider date equal to sum of all rider fees paid since rider date, after five years, benefit equal to percentage of rider benefit base. ●Terminates upon
Annuitization. |
Nursing Care and
Terminal Condition
Withdrawal Option |
Waives Surrender Charges and
Excess Interest Adjustments if
You or Your spouse are confined
to a nursing home or have
terminal illness. |
Standard |
No charge |
●Withdrawals are subject to a
$1,000 minimum.
●Qualifying conditions related to nursing home stay and terminal illness. ●May not be available in all
states. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Unemployment Waiver |
Waives Surrender Charges and
Excess Interest Adjustments if
You or Your spouse become
unemployed due to involuntary
job termination or lay-off. |
Standard |
No charge |
●Qualifying conditions related to job termination and job history. ●Must be unemployed for a
certain period of time prior to
taking withdrawal, be
receiving unemployment
benefits, and have $5,000
minimum in Cash Value.
●May not be available in all states. |
Dollar Cost Averaging
Program |
Allows you to automatically
make transfers into one or more
Subaccounts in accordance with
Your allocation instructions in
order, on average, to buy more
Accumulation Units when
prices are low and fewer
Accumulation Units when
prices are high. |
Standard |
No charge |
●Traditional – A minimum of $500 per transfer is required. ●Minimum and maximum
number of transfers.
●Special – Limited to six month or twelve-month transfer program and only available for new premium payments. ●May not be available in all
states. |
Asset Rebalancing |
Automatically rebalances the
amounts in Your Subaccounts
to maintain Your desired asset
allocation percentages. |
Standard |
No charge |
●Does not include any amounts allocated to the Fixed Account. |
Systematic Payout
Option |
Provides monthly, quarterly,
semi-annual or annual
withdrawals. |
Optional |
No Charge |
●Subject to $40 minimum
withdrawals.
●Systematic withdrawals in excess of cumulative interest credited from Guaranteed Period Options may be subject to Excess Interest Adjustment. ●Systematic withdrawals in
excess of remaining Surrender
Charge Free Amount may be
subject to Surrender Charge.
●Systematic withdrawals can significantly reduce benefit value or terminate benefit. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Initial Payment
Guarantee |
At the time of Annuitization
guarantees annually stabilized
payments will never be less than
a percentage of the initial
variable annuity payment at the
time You Annuitize. |
Optional |
1.25% of the daily
net asset value |
●Available at time of Annuitization. ●Payments are stabilized
throughout each Policy Year.
●The option is irrevocable. ●May not be available in all
states. |
Living Benefit Rider
2004 |
Provides combination
Guaranteed Minimum
Accumulation Benefit and Guaranteed Lifetime Withdrawal Benefit. |
Optional |
0.90% of principal
back total withdrawal
base |
●This rider is no longer
available.
●Could not be added to a Policy with another active Guaranteed Minimum Living Benefit or Guaranteed Minimum Income Benefit Rider, or with Inherited IRA policies. ●Was available for Annuitant
issue ages 0-80.
●Benefit subject to investment restrictions including Portfolio Allocation Method (“PAM”). ●Guaranteed minimum
accumulation portion of
benefit applies only if rider is
held for at least 10 years.
●Maximum annual withdrawal amount under guaranteed minimum withdrawal portion of benefit equal to specified percentage of total withdrawal base. ●Withdrawals could
significantly reduce or
terminate benefit.
●Benefit terminates upon Annuitization. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Living Benefit Rider
2005 (Also known as
Guaranteed Principal
SolutionsSM
rider |
Provides combination
Guaranteed Minimum
Accumulation Benefit and
Guaranteed Lifetime
Withdrawal Benefit. |
Optional |
1.25% of principal
back total withdrawal
base |
●This rider is no longer
available.
●Could not be added to a Policy with another active Guaranteed Minimum Living Benefit or Guaranteed Minimum Income Benefit Riders, or with Inherited IRA policies. ●Was available for Annuitant
issue ages 0-80 (unless state
law requires a lower
maximum issue age.
●Benefit subject to investment restrictions including Portfolio Allocation Method (“PAM”). ●Guaranteed minimum
accumulation portion of
benefit applies only if rider is
held for at least 10 years.
●Maximum annual withdrawal amount under guaranteed minimum withdrawal equal to specified percentage of total withdrawal base. ●Withdrawals could
significantly reduce or
terminate benefit.
●Benefit terminates upon Annuitization. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Income SelectSM
for Life rider |
Guarantees withdrawals for
Annuitant’s (or Annuitant’s
spouse if younger and joint life
option is elected) lifetime
regardless of Policy Value. |
Optional |
Single Life Base Fee
-
1.15% annually as a
percentage of the
total withdrawal base
Additional Options
(fees added to base
fee)
0.25% for Growth
Benefit
0.25% for Death
Benefit
0.15% for Income
Enhancement
Joint Life Base Fee - 1.35% annually as a percentage of the total withdrawal base Additional Options (fees added to base fee) 0.50% for Growth Benefit 0.20% for Death Benefit 0.30% for Income Enhancement |
●This rider is no longer
available.
●Could not be added to a Policy with another active Guaranteed Minimum Living Benefit or Guaranteed Minimum Income Benefit Riders, or with Inherited IRA policies. ●Was available for Annuitant
issue ages 55-80 (unless state
law requires a lower
maximum issue age.
●Joint Life options available subject to certain restrictions and differences, including right to charge higher fee and provide lower annual withdrawal amounts. ●Policy Value must be
allocated to designated
Investment Options.
●Excess withdrawals may significantly reduce or terminated the benefit. ●Terminates upon
Annuitization. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Retirement Income
Choice® |
Guarantees withdrawals for
Annuitant’s (or Annuitant’s
spouse if younger and joint life
option is elected) lifetime
regardless of Policy Value. |
Optional |
Single Life Base Fee
-
2.10% annually as a
percentage of the
withdrawal base
Additional Options
(fees added to base
fee)
0.25% for Death
Benefit
0.15% for Income
Enhancement
Joint Life Base Fee - 2.40% annually as a percentage of the withdrawal base Additional Options (fees added to base fee) 0.20% for Death Benefit 0.30% for Income Enhancement |
●This rider is no longer
available.
●Could not be added to a Policy with another active Guaranteed Minimum Living Benefit or Guaranteed Minimum Income Benefit Rider, or with Inherited IRA policies. ●Was available for
Owner/Annuitant issue ages
of 0-85 (unless state law
requires a lower maximum
issue age.
●Joint Life options available subject to certain restrictions and differences, including right to charge higher fee and provide lower annual withdrawal amounts. ●Rider fees subject to increase
(or decrease) at time of any
automatic step-up.
●Policy Value must be allocated to designated Investment Options. ●Excess withdrawals could
significantly reduce or
terminate the benefits.
●The Income Enhancement Option subject to qualifying conditions. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Retirement Income
Choice® with Double
Withdrawal Base
Benefit |
Guarantees withdrawals for
Annuitant’s (or Annuitant’s
spouse if younger and joint life
option is elected) lifetime
regardless of Policy Value. |
Optional |
Single and Joint
Life Base Fees
2.40% annually as a
percentage of the
total withdrawal base
Single Life
Additional Options
(fees added to base
fee)
0.25% for Death
Benefit
0.15% for Income
Enhancement
Joint Life
Additional Options
(fees added to base
fee)
0.20% for Death
Benefit
0.30% for Income
Enhancement |
●This rider is no longer
available.
●Could not be added to a Policy with another active Guaranteed Minimum Living Benefit or Guaranteed Minimum Income Benefit Rider, or with Inherited IRA policies. ●Was available for
Owner/Annuitant issue ages
of 0-85 (unless state law
requires a lower maximum
issue age.
●Joint Life options available subject to certain restrictions and differences, including right to charge higher fee and provide lower annual withdrawal amounts. ●Rider fees subject to increase
(or decrease) at time of any
automatic step-up.
●Policy Value must be allocated to designated Investment Options. ●Excess withdrawals could
significantly reduce or
terminate the benefits.
●The Income Enhancement Option subject to qualifying conditions. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Retirement Income
Choice® 1.4
|
Guarantees withdrawals for
Annuitant’s (or Annuitant’s
spouse if younger and joint life
option is elected) lifetime
regardless of Policy Value. |
Optional |
Base Benefit Fees: 2.30% Designated Fund Group A 1.85% Designated Fund Group B 1.45% Designated Fund Group C Additional Option Fees 0.40% Death Benefit Single Life 0.35% Death Benefit Joint Life 0.30% Income Enhancement Single Life 0.50% Income Enhancement Joint Life |
●This rider is no longer
available.
●Could not be added to a Policy with another active Guaranteed Minimum Living Benefit or Guaranteed Minimum Income Benefit Rider, or with Inherited IRA policies. ●Was available for
Owner/Annuitant issue ages
of 0-85 (unless state law
requires a lower maximum
issue age.
●Joint Life options available subject to certain restrictions and differences, including right to charge higher fee and provide lower annual withdrawal amounts. ●Rider fees subject to increase
(or decrease) at time of any
automatic step-up.
●Policy Value must be allocated to designated Investment Options. ●Excess withdrawals could
significantly reduce or
terminate the benefits.
●The Income Enhancement Option subject to qualifying conditions. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Retirement Income
Choice® 1.2
|
Guarantees withdrawals for
Annuitant’s (or Annuitant’s
spouse if younger and joint life
option is elected) lifetime
regardless of Policy Value. |
Optional |
Base Benefit Fees: 2.30% Designated Fund Group A 1.85% Designated Fund Group B 1.45% Designated Fund Group C Additional Option Fees 0.40% Death Benefit Single Life 0.35% Death Benefit Joint Life 0.30% Income Enhancement Single Life 0.50% Income Enhancement Joint Life |
●This rider is no longer
available.
●Could not be added to a Policy with another active Guaranteed Minimum Living Benefit or Guaranteed Minimum Income Benefit Riders, or with Inherited IRA policies. ●Was available for Annuitant
issue ages 0-85 (unless state
law requires a lower
maximum issue age.
●Benefit subject to Investment Restrictions including Open Allocation Method (“OAM”). ●Joint Life options available
subject to certain restrictions
and differences, including
right to charge higher fee and
provide lower annual
withdrawal amounts.
●Rider fees subject to increase (or decrease) at time of any automatic step-up. ●Policy Value must be
allocated to designated
Investment Options.
●Withdrawals could significantly reduce or terminate benefit. ●Benefit terminates upon
Annuitization. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Retirement Income
Max®
Rider |
Provides Guaranteed Lifetime
Withdrawal Benefit amount,
which can be withdrawn in any
rider year after age 59. |
Optional |
2.50% annually of
the Withdrawal Base |
●This rider is no longer
available.
●Could not be added to a Policy with another active Guaranteed Minimum Living Benefit or Guaranteed Minimum Income Benefit Rider, or with Inherited IRA policies. ●Was available for
Owner/Annuitant issue ages
of 0-85.
●Joint Life options available subject to certain restrictions and differences, including right to charge higher fee and provide lower annual withdrawal amounts. ●Rider fees subject to increase
(or decrease) at time of any
automatic step-up of
withdrawal base.
●Policy Value must be allocated to designated Investment Options. ●Excess withdrawals may
significantly reduce or
terminated the benefit.
●Terminates upon Annuitization. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Retirement Income
Choice 1.6 Rider |
Provides Guaranteed Lifetime
Withdrawal Benefit amount,
which can be withdrawn in any
rider year after age 59. Also
provides death protection
and/or long-term care benefit
for an additional fee. |
Optional |
2.50% annually of
the Withdrawal Base
0.55% Death Benefit
(Single Life)
0.50% Death
Benefit(Joint Life)
0.45% Income
Enhancement (Single
Life)
0.65% Income
Enhancement (Joint
Life)
If qualifications are
met, the Income
Enhancement
Option increases the
income benefit by
50% |
●This rider is no longer
available.
●Could not be added to a Policy with another active Guaranteed Minimum Living Benefit or Guaranteed Minimum Income Benefit Rider, or with Inherited IRA policies. ●Was available for
Owner/Annuitant issue ages
of 0-85.
●Joint Life options available subject to certain restrictions and differences, including right to charge higher fee and provide lower annual withdrawal amounts. ●Beginning on the 5th rider
anniversary, rider fees subject
to increase (or decrease) at
time of any automatic
step-up.
●Policy Value must be allocated to designated Investment Options. ●Excess withdrawals could
significantly reduce or
terminate the benefits.
●The Income Enhancement Option subject to qualifying conditions, including conditions related to the hospital and/or nursing home stay. |
Name of Benefit |
Purpose |
Standard
or
Optional |
Maximum
Annual Fee |
Brief Description of
Restrictions/Limitations |
Income LinkSM
Rider |
Guaranteed Lifetime
Withdrawal Benefit using
higher withdrawal percentage
for a defined period of time and
then resets to a lower
percentage and an opportunity
for increases in the rider
withdrawal amount. |
Optional |
2.00% annually of
Withdrawal Base |
●This rider is no longer
available.
●Must allocate 100% of Policy Value to designated Investment Options. ●Could not be elected with
another Guaranteed
Minimum Living Benefit or
Guaranteed Minimum
Income Benefit Rider.
●A non-Income LinkSM rider withdrawal (not an RMD) decreases the withdrawal base, impact of withdrawal may be greater than dollar for dollar. |
Abbreviation |
Definition |
ADB |
Additional Death Benefit |
ADD |
Additional Death Distribution |
ADD+ |
Additional Death Distribution Plus |
DB |
Death Benefit |
DCA |
Dollar Cost Averaging |
FIP |
Family Income Protector |
GFV |
Guaranteed Future Value |
GMAB |
Guaranteed Minimum Accumulation Benefit |
GMDB |
Guaranteed Minimum Death Benefit |
GMIB |
Guaranteed Minimum Income Benefit |
GMLB |
Guaranteed Minimum Living Benefit |
GMWB |
Guaranteed Minimum Withdrawal Benefit |
GPO |
Guaranteed Period Option |
GPS |
Guaranteed Principal SolutionSM
|
IE |
Income EnhancementSM
|
ILSD |
Income Link Start Date |
ILSW |
Income Link Systematic Withdrawal |
Abbreviation |
Definition |
ILWY |
Income Link Withdrawal Year |
ISFL |
Income SelectSM For Life |
MAP |
Managed Annuity Program |
MAV |
Minimum Annuitization Value |
MAWA |
Maximum Annual Withdrawal Amount |
MIB |
Minimum Income Base |
MRWA |
Minimum Remaining Withdrawal Amount |
N/A |
Not Applicable |
OAM |
Open Allocation Method |
PAM |
Portfolio Allocation Method |
RDB |
Rider Death Benefit |
RIC |
Retirement Income
Choice® |
RMD |
Required Minimum Distribution |
RWA |
Rider Withdrawal Amount |
TWB |
Total Withdrawal Base |
WB |
Withdrawal Base |
WD |
Withdrawal |
Rider Name |
Living Benefit Rider 2004 |
Income SelectSM For Life3 |
Rider Form Number1 |
RGMB 4 0504 (2004) |
RGMB 18 0106 (w/o IE)
RGMB 20 0106 (with IE) |
Purpose of Rider |
This is a Living Benefit Rider and should be viewed
as a way to permit You to invest in variable
investment options while still having Your Policy
Value and liquidity protected to the extent provided
by this rider.
This rider is a combination of two separate annuity
guarantees:
1)A GMWB and 2)A GMAB (a.k.a. principal protection benefit or
guarantee future value benefit).
The rider will guarantee that the Policy Value of the
policy will be at least as high as the GFV after a
waiting period has expired. |
This is a GLWB rider that guarantees withdrawals for
the Annuitant's2 lifetime, regardless of Policy
Value. ●The policyholder can withdraw the MAWA each year until the death of the
Annuitant.2 ●This benefit is intended to provide a level of payments regardless of the performance of the designated variable Investment Options You select. |
Availability |
●Issue age 0-80, but not yet 81 years old (unless state law requires a lower maximum issue age) ●Cannot be added to a Policy with other active GMLB or GMIB riders. |
●Issue age at least 55 years old, but not yet 81 years
old (unless state law requires a lower maximum
issue age) ●Single Annuitant ONLY. Annuitant must be an Owner (unless owner is a non-natural person) |
Rider Name |
Living Benefit Rider 2004 |
Income SelectSM For Life3 |
Rider Form Number1 |
RGMB 4 0504 (2004) |
RGMB 18 0106 (w/o IE)
RGMB 20 0106 (with IE) |
|
●Cannot be added on policies with Growth or Double Enhanced Death Benefits. ●Not available on qualified annuity which has been continued by surviving spouse or beneficiary as a new Owner. **Effective 5/1/2005: This rider is only available for states that have not approved the 2005 version of the Living Benefit Rider. |
●Maximum of 2 living Joint Owners (with one being the Annuitant) ●Cannot be added to a Policy with other active GMLB or GMIB riders. ●Cannot be added on policies with Growth or Double Enhanced Death Benefits. ●Not available on qualified annuity which has been continued by surviving spouse or beneficiary as a new Owner. |
Base Benefit and Optional Fees at issue
|
Percentage of “Principal Back” TWB - 0.90%
(5/1/2009 - 11/3/13)
Percentage of “Principal Back” TWB - 0.60% (prior to 5/1/2009) |
Percentage of the TWB. Additional option fees
would be added to the base.
Single Life
(5/1/07 - 11/3/13)
Base Fee0.40% Growth Benefit Fee0.25%
DB Fee0.25% IE Benefit Fee0.15%
(prior to 5/1/07)
Base Fee0.40% Growth Benefit Fee0.25%
DB Fee0.25% IE Benefit Fee0.10%
Joint Life
(5/1/07 - 11/3/13)
Base Fee0.60% Growth Benefit Fee0.50%
DB Fee0.20% IE Benefit Fee0.30%
(prior to 5/1/07)
Base Fee0.60% Growth Benefit Fee0.50%
DB Fee0.20% IE Benefit Fee0.20% |
Fee Frequency |
●Fee is deducted annually during the accumulation phase on each rider anniversary. ●A pro-rated fee is deducted at the time the rider is terminated or upgraded. |
●Fee is deducted annually during the accumulation phase on each rider anniversary. ●A pro-rated fee is deducted at the time the rider is terminated or upgraded. |
Death Benefit |
N/A |
For an additional fee, the optional death benefit may
be elected with this rider. Upon the death of the
Annuitant2, this rider will pay an additional
death benefit amount equal to the excess, if any, of the
MRWA over the base Policy death benefit and then
this rider will terminate. |
Designated Investment Options Available -
Policyholders who add these riders may only invest in
the Investment Options listed. Investment Options
may not be available as a designated fund based on
rider issue date.
Requiring that You designate 100% of Your Policy
Value to the designated Investment Options, some of
which employ strategies that are intended to reduce
the risk of loss and/or manage volatility, may reduce
investment returns and may reduce the likelihood
that we will be required to use our own assets to pay
amounts due under this benefit.
PLEASE NOTE: These Investment Options may not be available on all products, may vary for certain policies and may not be available for all policies. Please reference Appendix - Portfolios
Associated With the
Subaccount in Your prospectus for available Portfolio Companies. You cannot transfer any amount to any other non-designated Subaccount without losing all Your benefits under this rider. |
Must adhere to the Portfolio Allocation Method. See
below. |
TA BlackRock Government Money Market TA JPMorgan Asset Allocation - Conservative TA JPMorgan Asset Allocation - Moderate TA JPMorgan Asset Allocation - Moderate Growth TA JPMorgan International Moderate Growth TA Multi-Managed Balanced Fixed Account GPOs or DCA Accounts |
Rider Name |
Living Benefit Rider 2004 |
Income SelectSM For Life3 |
Rider Form Number1 |
RGMB 4 0504 (2004) |
RGMB 18 0106 (w/o IE)
RGMB 20 0106 (with IE) |
Allocation Methods |
Portfolio Allocation Method (PAM): ●This program will automatically allocate assets
from the policyholder's Separate Accounts to a
Subaccount of our choosing when the Policy Value
has dropped relative to the guaranteed amount. ●If the Policy Value increases enough in relation to the guaranteed amounts, the money may be moved back into the Separate Accounts (pro-rata based on the policyholder's current Separate Account values). ●The allocation of assets between the accounts is at our sole discretion but will initially use modern financial theory to determine the correct allocation. ●The policyholder may not allocate premium payments to, nor transfer Policy Value into or out of, the PAM investment options. Current PAM Safe Fund: TA U.S. Government
Securities |
N/A |
Withdrawal Benefits - See Living Benefits Rider Adjusted Partial Withdrawals and Hypothetical Adjusted Partial Withdrawals - Guaranteed Lifetime
Withdrawal Benefit Riders appendices for examples showing the effect of withdrawals on the WB. |
The GMWB guarantees a withdrawal amount
regardless of the Policy Value. The policyholder has 2
withdrawal guarantees available. Once the rider is
issued, values for both withdrawal guarantees will be
calculated indefinitely as follows:
a)7% Principal Back: The policyholder can
withdraw up to 7% of the 7% Principal Back
TWB per year until at least the time at which the
7% Principal Back MRWA has reached zero.
b)5% For Life: The policyholder can withdraw up
to 5% of the 5% For Life TWB each year starting
with the Rider Anniversary following the
Annuitant's 59th birthday until at least the later of
the death of the Annuitant or the time when the
5% For Life MRWA* has reached zero.
* The MRWA represents the total minimum dollar
amount of guaranteed withdrawals the policyholder
has remaining provided they take no more than the
MAWA each year. ●The policyholder does not have to take the entire MAWA in any year. ●If they do not take the full amount available, the remaining portion does not carry over to the next calendar year. |
The MAWA that can be withdrawn per calendar year
under this rider is equal to the TWB multiplied by
the For Life Withdrawal Percentage based on the
Annuitant's2 attained age at the time of the first
withdrawal. ●Starting with January 1st following the Annuitant's259th birthday, the withdrawal percentage increases above 0% which creates a MAWA available under the rider for withdrawal. ●On each January 1st following the Rider Date, the MAWA will be reset equal to the greater of: 1)The For Life TWB multiplied by the For Life
Withdrawal Percentage based on the
Annuitant's2 attained age, and
2)The RMD amount for this policy for the current calendar year. ●The policyholder does not have to take the entire MAWA in any year. ●If they do not take the full amount available, the remaining portion does not carry over to the next calendar year. |
Automatic Step-Up Benefit |
N/A |
N/A |
Exercising Rider |
“For Life” GMWB:
The policyholder is guaranteed to be able to
withdraw up to the “For Life” MAWA until the later
of 1) the Annuitant's death or 2) the “For Life”
MRWA is zero.
“Principal Back” GMWB:
The policyholder is guaranteed to be able to
withdraw up to the “Principal Back” MAWA until
the “Principal Back” MRWA is zero.
“GMAB”: At the end of the GMAB waiting period (currently 10 years), should the Policy Value be less than the GFV, the GMAB feature will add the difference to the Policy Value on a pro-rata basis based on their current account value. a)The addition to the policy will not be considered
premium and should not affect any other policy
calculations, including the GMDB calculations.
b)At the end of the waiting period, the GMAB will not provide any more benefits, unless the |
Exercising Base Benefit: The policyholder is
guaranteed to be able to withdraw up to the MAWA
each calendar year even if the Policy Value is zero at
the time of withdrawal. The rider benefits cease when
the Annuitant2 has died.
Exercising Death Option: This optional feature may be elected with this rider. Upon the death of an Annuitant2 this rider will pay an additional death benefit amount equal to the excess, if any, of the MRWA over the base Policy death benefit. Exercising the Income Enhancement Option: If
qualifications are met, this optional feature doubles
the income benefit percentage until the Annuitant2 is
no longer confined (either has left the facility or
deceased).
Qualifications: –Confinement must be due to a medical necessity
due to physical impairment; does not include
dementia, Alzheimer's or other forms of mental
illness. |
Rider Name |
Living Benefit Rider 2004 |
Income SelectSM For Life3 |
Rider Form Number1 |
RGMB 4 0504 (2004) |
RGMB 18 0106 (w/o IE)
RGMB 20 0106 (with IE) |
|
policyholder chooses to upgrade the rider. |
–Must be the Annuitant2 who is confined. –Waiting period of 1 year from the rider date before
the increase in the income benefit percentage is
applicable.
–Elimination period is 180 days within the last 12 months which can be satisfied during the waiting period. –Proof of confinement is required. This may be a
statement from a Physician or a hospital or nursing
facility administrator.
–Qualification standards can be met again on the Annuitant's2 life. |
Income Benefit or Other Benefit Payout
Considerations |
The GFV is the Policy Value we are guaranteeing on
the GFV date. After the Rider Issue Date, the GFV is
equal to the GFV on the Rider Issue Date, plus a
percentage of premiums received after the Rider Date
as shown in the table below, less an adjustment for
withdrawals.
Year Rec'd% Added to GFV 1100%
290% 380%
470% 560%
6-1050% 10+0%
At the end of the GMAB waiting period (currently
10 years), should the Policy Value be less than the
GFV, we will add the difference to the Policy Value
on a pro-rata basis based on their current Policy
Value. |
Growth: This optional feature rewards the policyholder for delaying their first withdrawal. The TWB will accumulate using the growth rate of 5% until the earlier of the first withdrawal or the 10th
rider anniversary.
The income benefit percentage is determined by the
Annuitant's2 age at the time of the first
withdrawal taken on or after January 1st following the
Annuitant's259th birthday. The income benefit
percentage is as follows:
Age 1st WDFor Life WD% 55-580.0%
59-644.5% 65-695.0%
70-745.5% 75-796.0%
80-846.5% 85-897.0%
90-947.5% 95+8.0%
Please note that once established at the time of the
first withdrawal, the income benefit percentage will
not increase even though the Annuitant's2 age
increases. |
Rider Upgrade |
●May upgrade anytime after the
5th Anniversary by
terminating the rider and adding the new rider in
place at that time, as long as the covered lives meet
the age requirements in effect at that time.
●Must be prior to the annuitant's
86th birthday
●An upgrade will reset the MRWA, TWB, MAWA and the GFV values. ●Rider Fee will be the fee that applies to the new rider at the time of upgrade. |
●Upgrades allowed within 30 day window following the 1st rider anniversary and each rider anniversary thereafter. ●Upgrades are subject to issue age restrictions of the rider at the time of upgrade. Currently the maximum upgrade age is 81 years old. ●An upgrade will reset the MRWA, TWB, MAWA and the Income Benefit Percentage determination. ●Rider Fee will be the fee that applies to the new rider at the time of upgrade. ●Growth percentage will be the percentage available at the time of upgrade. |
Rider Termination |
●The rider will be terminated upon Policy surrender, Annuitization or upgrade. ●The policyholder must wait 5 years from the Rider Start Date to terminate. ●After the five-year waiting period, the policyholder may terminate the rider at any time. ●The rider will be terminated the date we receive Written Notice from You requesting
termination. |
●The rider will be terminated upon Policy
surrender, Annuitization, Annuitant2 death or
upgrade. ●The date the Policy to which this rider is attached is assigned or if the Owner is changed without our approval. ●Termination allowed within 30 day window
following each rider anniversary. ●The rider will be terminated the date we receive Written Notice from You requesting termination. |
Rider Name |
Retirement Income Choice® |
Retirement Income Choice® with Double
Withdrawal Base Benefit3 |
Rider Form Number1 |
RGMB 27 0108 (w/o IE)
RGMB 29 0108 (with IE) |
RGMB 31 0708 (w/o IE)
RGMB 33 0708 (with IE) |
Purpose of Rider |
This is a GLWB rider that guarantees withdrawals for
the Annuitant's2 lifetime, regardless of Policy
Value. ●The policyholder can withdraw the RWA each
rider year until the death of the Annuitant.2 ●This benefit is intended to provide a level of payments regardless of the performance of the designated variable Investment Options You select. |
This is a GLWB rider that guarantees withdrawals for
the Annuitant's2 lifetime, regardless of Policy
Value. ●The policyholder can withdraw the RWA each rider year until the death of the Annuitant.2 ●This benefit is intended to provide a level of payments regardless of the performance of the designated variable Investment Options You select. |
Availability |
●Issue age 0-85, but not yet 86 years old (unless state law requires a lower maximum issue age). ●Single Annuitant ONLY. Annuitant must be an Owner (unless Owner is a non-natural person) ●Maximum of 2 living Joint Owners (with one being the Annuitant) ●Cannot be added to a Policy with other active GMLB or GMIB riders. ●Cannot be added on policies with Growth or Double Enhanced Death Benefits. ●Not available on qualified annuity which has been continued by surviving spouse or beneficiary as a new Owner. |
●Issue age 0-85, but not yet 86 years old (unless state law requires a lower maximum issue age). ●Single Annuitant ONLY. Annuitant must be an Owner (unless Owner is a non-natural person) ●Maximum of 2 living Joint Owners (with one being the Annuitant) ●Cannot be added to a Policy with other active GMLB or GMIB riders. ●Cannot be added on policies with Growth or Double Enhanced Death Benefits. ●Not available on qualified annuity which has been continued by surviving spouse or beneficiary as a new Owner. |
Base Benefit and Optional Fees at issue
|
Percentage of WB. Additional option fees would be
added to the base.
Single Life
(prior to 11/4/13)
Base Fee0.60% DB Fee0.25%
IE Benefit Fee0.15% Joint Life (prior to 11/4/13) Base Fee0.90%
DB Fee0.20% IE Benefit Fee0.30% |
Percentage of WB. Additional option fees would be
added to the base.
Single Life
(1/19/09 - 11/3/13)
Base Fee0.90% DB Fee0.25%
IE Benefit Fee0.15% (11/10/08 - 1/18/09) Base Fee0.75%
DB Fee0.25% IE Benefit Fee0.15%
Joint Life
(1/16/09 - 11/3/13)
Base Fee0.90% DB Fee0.20%
IE Benefit Fee0.30% (11/10/08 - 1/18/09) Base Fee0.75%
DB Fee0.20% IE Benefit Fee0.30% |
Fee Frequency |
●Fee is deducted annually during the accumulation phase on each rider anniversary. ●A pro-rated fee is deducted at the time the rider is terminated or upgraded. |
●Fee is deducted annually during the accumulation phase on each rider anniversary. ●A pro-rated fee is deducted at the time the rider is terminated or upgraded. |
Death Benefit |
For an additional fee, the optional death benefit may
be elected with this rider. Upon the death of an
Annuitant2, this rider will pay an additional
death benefit amount equal to the excess, if any, of the
RDB over the base Policy death benefit and then this
rider will terminate.
The RDB does not reset due to the automatic
step-up feature. |
For an additional fee, the optional death benefit may
be elected with this rider. Upon the death of an
Annuitant2, this rider will pay an additional
death benefit amount equal to the excess, if any, of the
RDB over the base Policy death benefit and then this
rider will terminate.
The RDB does not reset due to the automatic
step-up feature. |
Designated Investment Options Available -
Policyholder who add these riders may only invest in
the Investment Options listed. Investment Options
may not be available as a designated fund based on
rider issue date.
Requiring that You designate 100% of Your Policy
Value to the designated Investment Options, some of |
AB Balanced Wealth Strategy Portfolio
American Funds - Asset Allocation Fund
American Funds - The Bond Fund of AmericaSM
Fidelity VIP Balanced Portfolio
Franklin Templeton VIP Founding Funds Allocation
Fund
State Street Total Return V.I.S. Fund |
AB Balanced Wealth Strategy Portfolio American Funds - Asset Allocation Fund American Funds - The Bond Fund of
AmericaSM
Fidelity VIP Balanced Portfolio
Franklin Templeton VIP Founding Funds Allocation
Fund
State Street Total Return V.I.S. Fund |
Rider Name |
Retirement Income Choice® |
Retirement Income Choice® with Double
Withdrawal Base Benefit3 |
Rider Form Number1 |
RGMB 27 0108 (w/o IE)
RGMB 29 0108 (with IE) |
RGMB 31 0708 (w/o IE)
RGMB 33 0708 (with IE) |
which employ strategies that are intended to reduce
the risk of loss and/or manage volatility, may reduce
investment returns and may reduce the likelihood
that we will be required to use our own assets to pay
amounts due under this benefit.
PLEASE NOTE: These Investment Options may not be available on all products, may vary for certain policies and may not be available for all policies. Please reference Portfolio Companies
Available Under the Policy Appendix in Your prospectus for available Portfolio Companies. You cannot transfer any amount to any other non-designated Subaccount without losing all Your benefits under this rider. |
TA 60/40 Allocation
TA Aegon Bond
TA Aegon Core Bond
TA Aegon U.S. Government Securities
TA American Funds Managed Risk – Balanced
TA BlackRock Global Allocation
TA BlackRock Government Money Market
TA BlackRock iShares Active Asset Allocation -
Conservative
TA BlackRock iShares Active Asset Allocation –
Moderate Growth
TA BlackRock iShares Active Asset Allocation -
Moderate
TA BlackRock iShares Dynamic Allocation –
Balanced
TA BlackRock iShares Dynamic Allocation –
Growth
TA BlackRock iShares Edge 40
TA BlackRock iShares Edge 50
TA BlackRock iShares Edge 75
TA BlackRock iShares Tactical – Balanced
TA BlackRock iShares Tactical – Conservative
TA BlackRock iShares Tactical – Growth
TA BlackRock Tactical Allocation
TA Goldman Sachs Managed Risk – Balanced ETF
TA Goldman Sachs Managed Risk – Conservative
ETF
TA Goldman Sachs Managed Risk – Growth ETF
TA Janus Balanced
TA JPMorgan Asset Allocation - Conservative
TA JPMorgan Asset Allocation - Moderate
TA JPMorgan Asset Allocation - Moderate Growth
TA JPMorgan International Moderate Growth
TA JPMorgan Tactical Allocation
TA Madison Diversified Income
TA Market Participation Strategy
TA Morgan Stanley Global Allocation Managed Risk
- Balanced
TA Multi-Managed Balanced
TA PineBridge Inflation Opportunities
Fixed Account GPOs or DCA Accounts |
TA 60/40 Allocation
TA Aegon Bond
TA Aegon Core Bond
TA Aegon U.S. Government Securities
TA American Funds Managed Risk – Balanced
TA BlackRock Global Allocation
TA BlackRock Government Money Market
TA BlackRock iShares Active Asset Allocation -
Conservative
TA BlackRock iShares Active Asset Allocation –
Moderate Growth
TA BlackRock iShares Active Asset Allocation -
Moderate
TA BlackRock iShares Dynamic Allocation –
Balanced
TA BlackRock iShares Dynamic Allocation –
Growth
TA BlackRock iShares Edge 40
TA BlackRock iShares Edge 50
TA BlackRock iShares Edge 75
TA BlackRock iShares Tactical – Balanced
TA BlackRock iShares Tactical – Conservative
TA BlackRock iShares Tactical – Growth
TA BlackRock Tactical Allocation
TA Goldman Sachs Managed Risk – Balanced ETF
TA Goldman Sachs Managed Risk – Conservative
ETF
TA Goldman Sachs Managed Risk – Growth ETF
TA Janus Balanced
TA JPMorgan Asset Allocation - Conservative
TA JPMorgan Asset Allocation - Moderate
TA JPMorgan Asset Allocation - Moderate Growth
TA JPMorgan International Moderate Growth
TA JPMorgan Tactical Allocation
TA Madison Diversified Income
TA Market Participation Strategy
TA Morgan Stanley Global Allocation Managed Risk
- Balanced
TA Multi-Managed Balanced
TA PineBridge Inflation Opportunities
Fixed Account GPOs or DCA Accounts |
Allocation Methods |
N/A |
N/A |
Withdrawal Benefits - See Hypothetical Adjusted
Partial Withdrawals - Guaranteed Lifetime
Withdrawal Benefit Riders appendix for examples showing the effect of withdrawals on the WB. |
The percentage is determined by the attained age of
the Annuitant2 at the time of the first
withdrawal. Age 1st WDFor Life WD% 0-580.0%
59-695.0% 70-796.0%
80+7.0% ●Starting the rider anniversary following the Annuitant's259th birthday, the withdrawal percentage increases above 0% which creates a RWA available under the rider for withdrawal. ●On each rider anniversary, the RWA will be reset equal to the greater of: 1)The WB multiplied by the Withdrawal
Percentage based on the attained age of the
Annuitant2 at the time of their first withdrawal
if applicable, and
2)The RMD amount for this policy for the current calendar year. ●The policyholder does not have to take the entire RWA in any year. |
The percentage is determined by the attained age of the Annuitant2 at the time of the first withdrawal. Age 1st WDSingle
Life WD% 0-580.0% 59-695.0%
70-796.0% 80+7.0%
Age 1st WDJoint Life WD% 0-580.0%
59-694.5% 70-795.5%
80+ 6.5% ●Starting the rider anniversary following the Annuitant's259th birthday, the withdrawal percentage increases above 0% which creates a RWA available under the rider for withdrawal. ●On each rider anniversary, the RWA will be reset equal to the greater of: 1)The WB multiplied by the Withdrawal
Percentage based on the attained age of the
Annuitant2 at the time of their first withdrawal
if applicable, and |
Rider Name |
Retirement Income Choice® |
Retirement Income Choice® with Double
Withdrawal Base Benefit3 |
Rider Form Number1 |
RGMB 27 0108 (w/o IE)
RGMB 29 0108 (with IE) |
RGMB 31 0708 (w/o IE)
RGMB 33 0708 (with IE) |
|
●If they do not take the full amount available, the remaining portion does not carry over to the next rider year. |
2)The RMD amount for this policy for the current calendar year. ●The policyholder does not have to take the entire RWA in any year. ●If they do not take the full amount available, the remaining portion does not carry over to the next rider year. |
Automatic Step-Up Benefit |
On each rider anniversary, the WB will be set to the
greatest of:
1)The current WB: 2)The Policy Value on the rider anniversary;
3)The highest Policy Value on a rider monthiversarySM*; or 4)The current WB immediately prior to anniversary
processing increased by the growth rate
percentage**
* Item 3) is set to zero if there have been any excess
withdrawals in the current rider year.
** Item 4) is set to zero after the first 10 rider years or
if there have been any withdrawals in the current
rider year.
A step-up will occur if the largest value is either 2) or
3) above. A step-up will allow us to change the rider
fee percentage after the 5th rider anniversary.
●If the largest value is 1) or 4) above, this is not considered a step-up. ●Owner will have a 30 day window after the rider anniversary to reject an automatic step-up if we increase the rider fee.—Must be in writing. ●If an Owner rejects an automatic step-up, they retain the right to all future automatic step-ups. |
On each rider anniversary, the WB will be set to the
greatest of:
1)The current WB: 2)The Policy Value on the rider anniversary;
3)The highest Policy Value on a rider monthiversarySM*; or 4)The current WB immediately prior to anniversary
processing increased by the growth rate
percentage**
* Item 3) is set to zero if there have been any excess
withdrawals in the current rider year.
** Item 4) is set to zero after the first 10 rider years or
if there have been any withdrawals in the current
rider year.
A step-up will occur if the largest value is either 2) or
3) above. A step-up will allow us to change the rider
fee percentage after the 5th rider anniversary.
●If the largest value is 1) or 4) above, this is not considered a step-up. ●Owner will have a 30 day window after the rider anniversary to reject an automatic step-up if we increase the rider fee.—Must be in writing. ●If an Owner rejects an automatic step-up, they retain the right to all future automatic step-ups. |
Exercising Rider |
Exercising Base Benefit: The policyholder is guaranteed to be able to withdraw up to the RWA each calendar year even if the Policy Value is zero at the time of withdrawal. The rider benefits cease when the Annuitant2 has died. Exercising Death Option: This optional feature may
be elected with this rider. Upon the death of an
Annuitant2, this rider will pay an additional
death benefit amount equal to the excess, if any, of the
RDB over the greater of the base Policy death benefit
or any GMDB.
Exercising the Income Enhancement Option:
If qualifications are met, this optional feature doubles
the income benefit percentage until the Annuitant2 is
no longer confined (either has left the facility or
deceased).
Qualifications:
–Confinement must be due to a medical necessity due to physical or cognitive ailment. –Must be the Annuitant2 who is confined.
–Waiting period of 1 year from the rider date before the increase in the income benefit percentage is applicable. –Elimination period is 180 days within the last 12
months which can be satisfied during the waiting
period.
–Proof of confinement is required. This may be a statement from a Physician or a hospital or nursing facility administrator. –Qualification standards can be met again on the
Annuitant's2 life. |
Exercising Base Benefit: The policyholder is guaranteed to be able to withdraw up to the RWA each calendar year even if the Policy Value is zero at the time of withdrawal. The rider benefits cease when the Annuitant2 has died. Exercising Death Option: This optional feature may
be elected with this rider. Upon the death of an
Annuitant2, this rider will pay an additional
death benefit amount equal to the excess, if any, of the
RDB over the greater of the base Policy death benefit
or any GMDB.
Exercising the Income Enhancement Option:
If qualifications are met, this optional feature doubles
the income benefit percentage until the Annuitant2 is
no longer confined (either has left the facility or
deceased).
Qualifications:
–Confinement must be due to a medical necessity due to physical or cognitive ailment. –Must be the Annuitant2 who is confined.
–Waiting period of 1 year from the rider date before the increase in the income benefit percentage is applicable. –Elimination period is 180 days within the last 12
months which can be satisfied during the waiting
period.
–Proof of confinement is required. This may be a statement from a Physician or a hospital or nursing facility administrator. –Qualification standards can be met again on the
Annuitant's2 life. |
Income Benefit or Other Benefit Payout |
Growth: Benefit is not elected separately, but is built |
Growth: Benefit is not elected separately, but is
built |
Rider Name |
Retirement Income Choice® |
Retirement Income Choice® with Double
Withdrawal Base Benefit3 |
Rider Form Number1 |
RGMB 27 0108 (w/o IE)
RGMB 29 0108 (with IE) |
RGMB 31 0708 (w/o IE)
RGMB 33 0708 (with IE) |
Considerations |
into the rider. The WB will grow at 5% growth
annually. This will only be credited on the rider
anniversary for up to 10 rider years. If a withdrawal
has occurred in the current rider year the 5% growth
will not be applied.
NOTE: There is not an adjustment or credit for partial years of interest. Growth is not accumulated daily. Only calculated at the end of the year if no withdrawals were taken. |
into the rider. The WB will grow at 5% growth
annually. This will only be credited on the rider
anniversary for up to 10 rider years. If a withdrawal
has occurred in the current rider year the 5% growth
will not be applied.
Double Withdrawal Base Feature: If no withdrawals have been made within the first 10 rider years or the anniversary following attained age 67, the WB on that rider anniversary will be the greater of; 1)the current WB; or
2)premiums applied within 90 days of the rider date multiplied by 2. NOTE: There is not an adjustment or credit for
partial years of interest. Growth is not accumulated
daily. Only calculated at the end of the year if no
withdrawals were taken. |
Rider Upgrade |
●Upgrades allowed within a 30 day window following each successive 5th rider anniversary. ●Rider availability and fees may vary at time of upgrade ●Upgrades are subject to issue age restrictions of the
rider at the time of upgrade. Currently the
maximum upgrade age is 85 years old. ●An upgrade will reset the WB, RDB, RWA and Income Benefit determination. ●Rider Fee Percentage will be the fee percentage that applies to the new rider at the time of upgrade. ●Growth percentage will be the percentage available at the time of upgrade. |
●Upgrades allowed within a 30 day window following each successive 5th rider anniversary. ●Rider availability and fees may vary at time of upgrade ●Upgrades are subject to issue age restrictions of the
rider at the time of upgrade. Currently the
maximum upgrade age is 85 years old. ●An upgrade will reset the WB, RDB, RWA and Income Benefit determination. ●Rider Fee Percentage will be the fee percentage that applies to the new rider at the time of upgrade. ●Growth percentage will be the percentage available
at the time of upgrade. |
Rider Termination |
●The rider can be “free looked” within 30 days of issue. The request must be made in writing. ●The rider will be terminated upon policy surrender, Annuitization,
Annuitant2 death or
upgrade. ●The date the policy to which this rider is attached is assigned or if the Owner is changed without our approval. ●Termination allowed within 30 day window
following each successive 5th rider anniversary.
●After termination, there is no wait period to re-add the rider, assuming the rider is still being offered. ●The rider will be terminated the date we receive Written Notice from You requesting termination. |
●The rider can be “free looked” within 30 days of
issue. The request must be made in writing. ●The rider will be terminated upon policy surrender, Annuitization,
Annuitant2 death or
upgrade. ●The date the policy to which this rider is attached is assigned or if the Owner is changed without our approval. ●Termination allowed within 30 day window
following each successive 5th rider anniversary.
●After termination, there is no wait period to re-add the rider, assuming the rider is still being offered. ●The rider will be terminated the date we receive Written Notice from You requesting termination. |
Rider Name |
Retirement Income Choice®1.43 |
Retirement Income Choice®1.23 |
Income LinkSM3 |
Rider Form Number1 |
RGMB 37 0809 (w/o IE)
RGMB 38 0809 (with IE) |
RGMB 35 0109 (w/o IE)
RGMB 36 0109 (with IE) |
RGMB 39 0110 |
Purpose of Rider |
This is a GLWB rider that guarantees
withdrawals for the Annuitant's2
lifetime, regardless of Policy Value. |
This is a GLWB rider that guarantees
withdrawals for the Annuitant's2
lifetime, regardless of Policy Value. |
This is a GLWB rider that guarantees tiered withdrawals for the
Annuitant's2
lifetime. |
Rider Name |
Retirement Income Choice®1.43 |
Retirement Income Choice®1.23 |
Income LinkSM3 |
Rider Form Number1 |
RGMB 37 0809 (w/o IE)
RGMB 38 0809 (with IE) |
RGMB 35 0109 (w/o IE)
RGMB 36 0109 (with IE) |
RGMB 39 0110 |
|
●The policyholder can withdraw the RWA each rider year until the death of the Annuitant.2
●This benefit is intended to provide a
level of payments regardless of the
performance of the designated
variable Investment Options You
select. |
●The policyholder can withdraw the RWA each rider year until the death of the Annuitant.2
●This benefit is intended to provide a
level of payments regardless of the
performance of the designated
variable Investment Options You
select. |
●The policyholder can withdraw (required to use systematic withdrawals) the RWA each rider year until the death of the Annuitant2. ●This benefit is intended to provide a
level of tiered payments regardless of
the performance of the designated
variable Investment Option You
select. |
Availability |
●Issue age 0-85, but not yet 86 years old (unless state law requires a lower maximum issue age). ●Single Annuitant ONLY. Annuitant must be an Owner (unless Owner is a non-natural person) ●Maximum of 2 living Joint Owners (with one being the Annuitant) ●Cannot be added to a Policy with other active GMLB or GMIB riders. ●Cannot be added on policies with Growth or Double Enhanced Death Benefits. ●Not available on qualified annuity which has been continued by surviving spouse or beneficiary as a new Owner. |
●Issue age 0-85, but not yet 86 years old (unless state law requires a lower maximum issue age). ●Single Annuitant ONLY. Annuitant must be an Owner (unless Owner is a non-natural person) ●Maximum of 2 living Joint Owners (with one being the Annuitant) ●Cannot be added to a Policy with other active GMLB or GMIB riders. ●Cannot be added on policies with Growth or Double Enhanced Death Benefits. ●Not available on qualified annuity which has been continued by surviving spouse or beneficiary as a new Owner. |
●Issue age 55-80, but not yet 81 years old (unless state law requires a lower maximum issue age). ●Single Annuitant ONLY. Annuitant must be an Owner (unless Owner is a non-natural person) ●Maximum of 2 living Joint Owners (with one being the Annuitant) ●Cannot be added to a Policy with other active GMLB or GMIB riders. ●Cannot be added on policies with Growth or Double Enhanced Death Benefits. ●Not available on qualified annuity
which has been continued by
surviving spouse or beneficiary as a
new Owner. |
Base Benefit and Optional Fees at
issue |
Fee based on designated allocation
groups and the optional benefits
selected. If You elect a combination of
designated allocations from among the
various groups below, then Your fee will
be based on a weighted average of Your
choices.
Base Benefit
Fees (2/21/11 - 11/3/13)
Group A1.40% Group B1.00%
Group C0.45% Additional option fees would be added to the base and are as follows: DB Single Life0.25%
DB Joint Life0.20% IE Single Life0.15%
IE Joint Life0.30% Base Benefit Fees (9/21/09 - 2/201/11) Group A1.25%
Group B0.90% Group C0.40%
Additional option fees would be added
to the base and are as follows:
DB Single Life0.25% DB Joint Life0.20%
IE Single Life0.15% IE Joint Life0.30% |
Fee based on designated allocation
groups and the optional benefits
selected. If You elect a combination of
designated allocations from among the
various groups below, then Your fee will
be based on a weighted average of Your
choices.
Base Benefit
Fees (12/12/11 - 11/3/13)
OAM Option1.25% Group A1.55%
Group B1.10% Group C0.70%
Additional option fees would be added
to the base and are as follows:
DB Single Life0.25% DB Joint Life0.20%
IE Single Life0.30% IE Joint Life0.50%
Base Benefit
Fees (2/21/11 - 12/11/11)
OAM Option1.20% Group A1.40%
Group B1.00% Group C0.45%
Additional option fees would be added
to the base and are as follows:
DB Single Life0.25% DB Joint Life0.20%
IE Single Life0.15% IE Joint Life0.30%
Base Benefit
Fees (5/1/09 - 2/20/11)
OAM Option1.10% Group A1.25% |
Percentage of WB - 0.90% for Single and Joint Life Riders (prior to
11/3/13) |
Rider Name |
Retirement Income Choice®1.43 |
Retirement Income Choice®1.23 |
Income LinkSM3 |
Rider Form Number1 |
RGMB 37 0809 (w/o IE)
RGMB 38 0809 (with IE) |
RGMB 35 0109 (w/o IE)
RGMB 36 0109 (with IE) |
RGMB 39 0110 |
|
|
Group B0.90% Group C0.40%
Additional option fees would be added
to the base and are as follows:
DB Single Life0.25% DB Joint Life0.20%
IE Single Life0.15% IE Joint Life0.30% |
|
Fee Frequency |
●The fee is calculated at issue and each subsequent rider quarter for the upcoming quarter based on the fund values and WB at that point in time and stored. ●Deducted at each rider quarter-versary in arrears during the accumulation phase. ●The fee is calculated on a quarterly basis and varies depending on the fund allocation option You have chosen. ●A “rider fee adjustment” will be
applied for transfers between
allocation groups and for subsequent
premium payments and withdrawals
that change the withdrawal base. ●The base rider fee adjustment will be calculated using the same formula as the base rider fee and compare the fee for the remainder of the rider quarter to the initially calculated fee for the same period. ●The rider fee adjustment may be positive or negative and will be added to or subtracted from the rider fee to be allocated. ●A pro-rated fee is deducted at the time the rider is terminated or upgraded. |
●The fee is calculated at issue and each subsequent rider quarter for the upcoming quarter based on the fund values and WB at that point in time and stored. ●Deducted at each rider quarter-versary in arrears during the accumulation phase. ●The fee is calculated on a quarterly basis and varies depending on the fund allocation option You have chosen. ●A “rider fee adjustment” will be
applied for transfers between
allocation groups and for subsequent
premium payments and withdrawals
that change the withdrawal base. ●The base rider fee adjustment will be calculated using the same formula as the base rider fee. ●The rider fee adjustment may be positive or negative and will be added to or subtracted from the rider fee to be allocated. ●A pro-rated fee is deducted at the time the rider is terminated or upgraded. |
●The fee is calculated at issue and each subsequent calendar rider quarter for the upcoming quarter based on the fund values and WB at that point in time and stored. ●Deducted at each rider quarterversary in arrears during the accumulation phase. ●The fee is adjusted for new deposits that increase the WB and decreased for withdrawals that are not ILSW or RMD systematic withdrawals. ●The rider fee adjustment may be positive or negative and will be added to or subtracted from the rider fee to be allocated. ●A pro-rated fee is assessed at the time of rider termination or full surrender. |
Death Benefit |
For an additional fee, the optional
death benefit may be elected with this
rider. Upon the death of an
Annuitant2, this rider will pay an
additional death benefit amount equal
to the excess, if any, of the RDB over
the base Policy death benefit and then
this rider will terminate.
The RDB does not reset due to the
automatic step-up feature. |
For an additional fee, the optional
death benefit may be elected with this
rider. Upon the death of an
Annuitant2, this rider will pay an
additional death benefit amount equal
to the excess, if any, of the RDB over
the base Policy death benefit and then
this rider will terminate.
The RDB does not reset due to the
automatic step-up feature. |
N/A |
Designated Investment Options
Available - Policyholders who add these riders may only invest in the Investment Options listed. Investment Options may not be available as a designated fund based on rider issue date. Requiring that You designate 100% of Your Policy Value to the designated Investment Options, some of which employ strategies that are intended to reduce the risk of loss and/or manage volatility, may reduce investment returns and may reduce the likelihood |
Designated Allocation Group A
AB Balanced Hedged Allocation
Portfolio
American Funds - Asset Allocation
Fund
Fidelity VIP Balanced Portfolio
Franklin Templeton VIP Founding
Funds Allocation Fund
State Street Total Return V.I.S. Fund
TA 60/40 Allocation
TA BlackRock Global Allocation
TA BlackRock iShares Active Asset
Allocation – Moderate Growth
TA BlackRock iShares Dynamic |
Designated Allocation Group A
AB Balanced Hedged Allocation
Portfolio
American Funds - Asset Allocation
Fund
Fidelity VIP Balanced Portfolio
Franklin Templeton VIP Founding
Funds Allocation Fund
State Street Total Return V.I.S. Fund
TA 60/40 Allocation
TA BlackRock Global Allocation
TA BlackRock iShares Active Asset
Allocation – Moderate Growth
TA BlackRock iShares Dynamic |
American Funds - The Bond Fund of AmericaSM
TA Aegon Bond
TA Aegon Core Bond
TA Aegon U.S. Government Securities
TA BlackRock Government Money
Market
TA BlackRock iShares Active Asset
Allocation - Conservative
TA BlackRock iShares Edge 40
TA BlackRock iShares Tactical
Conservative
TA Goldman Sachs Managed Risk –
Conservative ETF |
Rider Name |
Retirement Income Choice®1.43 |
Retirement Income Choice®1.23 |
Income LinkSM3 |
Rider Form Number1 |
RGMB 37 0809 (w/o IE)
RGMB 38 0809 (with IE) |
RGMB 35 0109 (w/o IE)
RGMB 36 0109 (with IE) |
RGMB 39 0110 |
that we will be required to use our own
assets to pay amounts due under this
benefit.
PLEASE NOTE: These Investment Options may not be available on all products, may vary for certain policies and may not be available for all policies. Please reference Portfolio
Companies Available Under the
Policy Appendix in Your prospectus for available Portfolio Companies. You cannot transfer any amount to any other non-designated Subaccount without losing all Your benefits under this rider. |
Allocation – Growth
TA BlackRock iShares Edge 75
TA BlackRock iShares Tactical –
Growth
TA Goldman Sachs Managed Risk –
Growth ETF
TA Janus Balanced
TA JPMorgan Asset Allocation -
Moderate Growth
TA JPMorgan International Moderate
Growth
TA Multi-Managed Balanced
Designated Allocation Group B
TA American Funds Managed Risk -
Balanced
TA BlackRock iShares Active Asset
Allocation – Moderate
TA BlackRock iShares Dynamic
Allocation – Balanced
TA BlackRock iShares Edge 50
TA BlackRock iShares Tactical –
Balanced
TA BlackRock Tactical Allocation
TA Goldman Sachs Managed Risk -
Balanced ETF
TA JPMorgan Asset Allocation -
Moderate
TA Madison Diversified Income
TA Market Participation Strategy
TA Morgan Stanley Global Allocation
Managed Risk – Balanced
Designated Allocation Group C
American Funds - The Bond Fund of
AmericaSM
TA Aegon Bond
TA Aegon Core Bond
TA Aegon U.S. Government Securities
TA BlackRock Government Money
Market
TA BlackRock iShares Active Asset
Allocation - Conservative
TA BlackRock iShares Edge 40
TA BlackRock iShares Tactical –
Conservative
TA Goldman Sachs Managed Risk –
Conservative ETF
TA JPMorgan Asset Allocation -
Conservative
TA JPMorgan Tactical Allocation
TA PineBridge Inflation Opportunities
Fixed Account |
Allocation - Growth
TA BlackRock iShares Edge 75
TA BlackRock iShares Tactical -
Growth
TA Goldman Sachs Managed Risk –
Growth ETF
TA Janus Balanced
TA JPMorgan Asset Allocation -
Moderate Growth
TA JPMorgan International Moderate
Growth
TA Multi-Managed Balanced
Designated Allocation Group B
TA American Funds Managed Risk -
Balanced
TA BlackRock iShares Edge 50
TA BlackRock Tactical Allocation
TA BlackRock iShares Active Asset
Allocation – Moderate
TA BlackRock iShares Dynamic
Allocation - Balanced
TA BlackRock iShares Tactical -
Balanced
TA Goldman Sachs Managed Risk –
Balanced ETF
TA JPMorgan Asset Allocation -
Moderate
TA Madison Diversified Income
TA Market Participation Strategy
TA Morgan Stanley Global Allocation
Managed Risk – Balanced
Designated Allocation Group C
American Funds - The Bond Fund of
AmericaSM
TA Aegon Bond
TA Aegon Core Bond
TA Aegon US Government Securities
TA BlackRock Government Money
Market
TA BlackRock iShares Active Asset
Allocation - Conservative
TA BlackRock iShares Edge 40
TA BlackRock iShares Tactical -
Conservative
TA Goldman Sachs Managed Risk –
Conservative ETF
TA JPMorgan Asset Allocation -
Conservative
TA JPMorgan Tactical Allocation
TA PineBridge Inflation Opportunities
Fixed Account |
TA JPMorgan Asset Allocation -
Conservative
TA JP Morgan Tactical Allocation
TA PineBridge Inflation Opportunities
Fixed Account |
Allocation Methods |
N/A |
Open Allocation Method (OAM): ●This program will automatically
allocate assets from the
policyholder's separate accounts to a
Subaccount of our choosing when
the Policy Value has dropped relative
to the guaranteed amount. ●If the Policy Value increases enough in relation to the guaranteed amounts, the money will be moved back into the Separate Accounts (pro-rata based on the Policy holder's current Separate Account values). ●The allocation of assets between the
accounts is at our sole discretion but |
N/A |
Rider Name |
Retirement Income Choice®1.43 |
Retirement Income Choice®1.23 |
Income LinkSM3 |
Rider Form Number1 |
RGMB 37 0809 (w/o IE)
RGMB 38 0809 (with IE) |
RGMB 35 0109 (w/o IE)
RGMB 36 0109 (with IE) |
RGMB 39 0110 |
|
|
will initially use modern financial
theory to determine the correct
allocation. ●The policyholder may not allocate premium payments to, nor transfer Policy Value into or out of the OAM Investment Options. Current OA Subaccount: TA ProFund
UltraBear |
|
Withdrawal Benefits - See Hypothetical Adjusted Partial Withdrawals - Guaranteed Lifetime Withdrawal Benefit Riders and
Adjusted Partial Withdrawals - Income
Link appendices for examples showing the effect of withdrawals on the WB. |
The percentage (after 2/1/2010) is
determined by the attained age of the
Annuitant2 at the time of the first
withdrawal.
Age 1st WDSingle Life WD% 0 - 580.0%
59-644.0% 65-745.0%
75 + 6.0% Age 1st WDJoint
Life WD% 0 - 580.0% 59-643.5%
65-744.5% 75 + 5.5%
NOTE: Prior to 2/1/2010 the age bands regarding the withdrawal percentages above were as follows: 0-58 59-69 70-79 80+ ●Starting the rider anniversary following the Annuitant's259th birthday, the withdrawal percentage increases above 0% which creates a RWA available under the rider for withdrawal. ●On each rider anniversary, the RWA will be reset equal to the greater of: 1)The WB multiplied by the
Withdrawal Percentage based on
the attained age of the
Annuitant2 at the time of their
first withdrawal if applicable, and
2)The RMD amount for this Policy for the current calendar year. ●The policyholder does not have to take the entire RWA in any year. ●If they do not take the full amount available, the remaining portion does not carry over to the next rider year. |
The percentage (after 12/12/2011) is
determined by the attained age of the
Annuitant2 at the time of the first
withdrawal.
Age 1st WDSingle Life WD% 0 - 580.0%
59-644.0% 65-795.0%
80 + 6.0% Age 1st WDJoint
Life WD% 0 - 580.0% 59-643.5%
65-794.5% 80 + 5.5%
NOTE: Prior to 2/1/2010 the age bands regarding the withdrawal percentages above were as follows: 0-58 59-69 70-79 80+ - After 2/1/2010 and prior to 12/12/2011 the age bands regarding the withdrawal percentages above were as follows: 0-58 59-64 65-74 75+ ●Starting the rider anniversary following the Annuitant's259th birthday, the withdrawal percentage increases above 0% which creates a RWA available under the rider for withdrawal. ●On each rider anniversary, the RWA will be reset equal to the greater of: 1)The WB multiplied by the
Withdrawal Percentage based on
the attained age of the
Annuitant2 at the time of their
first withdrawal if applicable, and
2)The RMD amount for this Policy for the current calendar year. ●The policyholder does not have to take the entire RWA in any year. ●If they do not take the full amount available, the remaining portion does not carry over to the next rider year. |
Withdrawal Option Election Date - This is the date the withdrawal option is selected by the Policy Owner. ILSD - This is the date the Policy
Owner elects to begin receiving
payments.
ILWY - This is each 12 month period beginning on the ILSD and establishes the time period for withdrawing Your RWA and is reset at the beginning of each withdrawal year. ILSW - There are 4 systematic payment
options specific to this rider. Any
withdrawal that is not an ILSW will be
considered an excess withdrawal.
The withdrawal percentage is used to
calculate the RWA and is determined
by electing a withdrawal option, which
is not required to elect at the time of
issue. Once selected, the ILSWs are not
required to begin immediately. Your
withdrawal option is not locked in
until the ILSD and the percentage is
not recalculated at the time of an
automatic step-up. Withdrawal options
are as listed below:
Single Life
5% for 7 years and 4% thereafter
6% for 6 years and 4% thereafter
7% for 5 years and 4% thereafter
8% for 4 years and 4% thereafter
9% for 3 years and 4% thereafter
10% for 2 years and 4% thereafter
Joint Life
4.5% for 7 years and 3.5% thereafter
5.5% for 6 years and 3.5% thereafter
6.5% for 5 years and 3.5% thereafter
7.5% for 4 years and 3.5% thereafter
8.5% for 3 years and 3.5% thereafter
9.5% for 2 years and 3.5% thereafter
On each ILSD and the beginning of
each ILWY thereafter, the RWA is equal
to the withdrawal option percentage
multiplied by the withdrawal base. |
Automatic Step-Up Benefit |
On each rider anniversary, the WB will
be set to the greatest of:
1)The current WB: 2)The Policy Value on the rider
anniversary;
3)The highest Policy Value on a rider monthiversarySM*; or 4)The current WB immediately prior
to anniversary processing increased
by the growth rate percentage**
* Item 3) is set to zero if there have
been any excess withdrawals in the
current rider year. |
On each rider anniversary, the WB will
be set to the greatest of:
1)The current WB: 2)The Policy Value on the rider
anniversary;
3)The highest Policy Value on a rider monthiversarySM*; or 4)The current WB immediately prior
to anniversary processing increased
by the growth rate percentage**
* Item 3) is set to zero if there have
been any excess withdrawals in the
current rider year. |
On each rider anniversary, the WB will be set to the greatest of: 1)The current WB:
2)The Policy Value on the rider anniversary; or 3)The highest Policy Value on a rider
monthiversarySM for the current
rider year*
* Item 3) is set to zero if there have
been any withdrawals that are not
ILSW or RMD systematic withdrawals
in the current rider year. The highest
monthly value is the largest Policy |
Rider Name |
Retirement Income Choice®1.43 |
Retirement Income Choice®1.23 |
Income LinkSM3 |
Rider Form Number1 |
RGMB 37 0809 (w/o IE)
RGMB 38 0809 (with IE) |
RGMB 35 0109 (w/o IE)
RGMB 36 0109 (with IE) |
RGMB 39 0110 |
|
** Item 4) is set to zero after the first 10
years or if there have been any
withdrawals in the current rider year.
A step-up will occur if the largest value
is either 2) or 3) above. A step-up will
allow us to change the rider fee
percentage after the 5th rider
anniversary. ●If the largest value is 1) or 4) above, this is not considered a step-up. ●Owner will have a 30 day window after the rider anniversary to reject an automatic step-up if we increase the rider fee.—Must be in writing. ●If an Owner rejects an automatic step-up, they retain the right to all future automatic step-ups. NOTE: The benefit percentage will
also increase if You have crossed into
another age band prior to an automatic
step-ups after the election date. |
** Item 4) is set to zero after the first 10
years or if there have been any
withdrawals in the current rider year.
A step-up will occur if the largest value
is either 2) or 3) above. A step-up will
allow us to change the rider fee
percentage after the 5th rider
anniversary. ●If the largest value is 1) or 4) above, this is not considered a step-up. ●Owner will have a 30 day window after the rider anniversary to reject an automatic step-up if we increase the rider fee.—Must be in writing. ●If an Owner rejects an automatic step-up, they retain the right to all future automatic step-ups. NOTE: The benefit percentage will
also increase if You have crossed into
another age band prior to an automatic
step-ups after the election date. |
Value on each rider monthiversary
during the rider year.
A step-up will occur if the largest value
is either 2) or 3) above. A step-up will
allow us to change the rider fee
percentage. ●Owner will have a 30 day window after the rider anniversary to reject an automatic step-up if we increase the rider fee.—Must be in writing. ●If an Owner rejects an automatic step-up, they retain the right to all future automatic step-ups. |
Exercising Rider |
Exercising Base Benefit: The policyholder is guaranteed to be able to withdraw up to the RWA each rider year even if the Policy Value is zero at the time of withdrawal. The rider benefits cease when the
Annuitant2 has
died.
Exercising Death Option: This optional feature may be elected with this rider. Upon the death of an Annuitant2, this rider will pay an additional death benefit amount equal to the excess, if any, of the RDB over the greater of the base Policy death benefit or any GMDB. Exercising the Income Enhancement Option: If qualifications are met, this optional feature doubles the income benefit percentage until the Annuitant2 is no longer confined (either has left the facility or deceased). Qualifications: –Confinement must be due to a
medical necessity due to physical or
cognitive ailment.
–Must be the Annuitant2 who is confined. –Waiting period of 1 year from the
rider date before the increase in the
income benefit percentage is applicable.
–Elimination period is 180 days within the last 12 months which can be satisfied during the waiting period. –Proof of confinement is required.
This may be a statement from a
physician or a hospital or nursing
facility administrator.
–Qualification standards can be met again on the Annuitant's2 life. |
Exercising Base Benefit: The policyholder is guaranteed to be able to withdraw up to the RWA each rider year even if the Policy Value is zero at the time of withdrawal. The rider benefits cease when the
Annuitant2 has
died.
Exercising Death Option: This optional feature may be elected with this rider. Upon the death of an Annuitant2, this rider will pay an additional death benefit amount equal to the excess, if any, of the RDB over the greater of the base Policy death benefit or any GMDB. Exercising the Income Enhancement Option: If qualifications are met, this optional feature doubles the income benefit percentage until the Annuitant2 is no longer confined (either has left the facility or deceased). Qualifications: –Confinement must be due to a
medical necessity due to physical or
cognitive ailment.
–Must be the Annuitant2 who is confined. –Waiting period of 1 year from the
rider date before the increase in the
income benefit percentage is applicable.
–Elimination period is 180 days within the last 12 months which can be satisfied during the waiting period. –Proof of confinement is required.
This may be a statement from a
physician or a hospital or nursing
facility administrator.
–Qualification standards can be met again on the Annuitant's2 life. |
Exercising Base Benefit: The policyholder is guaranteed to be able to withdraw up to the RWA each withdrawal year even if the Policy Value is zero at the time of withdrawal. The rider benefits cease when the Annuitant2 has died. |
Income Benefit or Other Benefit
Payout Considerations |
Growth: Benefit is not elected separately but is built into the rider. The WB will grow at 5% growth annually. This will only be credited on the rider anniversary for up to 10 rider |
Growth: Benefit is not elected separately but is built into the rider. The WB will grow at 5% growth annually. This will only be credited on the rider anniversary for up to 10 rider |
Systematic Withdrawal Options: 1.72t/72q SPO - This allows fixed level payments that will not change for at least 5 years and payments will not exceed RWA. Only 5, 6 and |
Rider Name |
Retirement Income Choice®1.43 |
Retirement Income Choice®1.23 |
Income LinkSM3 |
Rider Form Number1 |
RGMB 37 0809 (w/o IE)
RGMB 38 0809 (with IE) |
RGMB 35 0109 (w/o IE)
RGMB 36 0109 (with IE) |
RGMB 39 0110 |
|
years. If a withdrawal has occurred in
the current rider year the 5% growth
will not be applied.
NOTE: There is not an adjustment or credit for partial years of interest. Growth is not accumulated daily. Only calculated at the end of the year if no withdrawals were taken. |
years. If a withdrawal has occurred in
the current rider year the 5% growth
will not be applied.
NOTE: There is not an adjustment or credit for partial years of interest. Growth is not accumulated daily. Only calculated at the end of the year if no withdrawals were taken. |
7 year options available.
2.RMD Only SPO - This allows a
modal amount equal to the annual
RMD requirement for the current
calendar year less all withdrawals
taken in current calendar year
divided by the number of payments
remaining in the calendar year. Will
not reduce RWA and is only
available prior to ILSD.
3.RWA SPO no RMD kick out -
Allows modal payments of the
remaining RWA divided by the
number of payments remaining in
the current withdrawal year.
Payments will be adjusted for any
step-ups, premium additions or
excess withdrawals and will reduce
the RWA with each payment.
4.RWA SPO with RMD kick out -
This allows for payments equal to
#3 above with an additional
payment to satisfy the RMD paid
on December 27th each calendar
year. Modal payments are not
affected by this RMD payment. |
Rider Upgrade |
●Upgrades allowed within a 30-day window following each successive
5th
rider anniversary. ●Rider availability and fees may vary at time of upgrade ●Upgrades are subject to issue age restrictions of the rider at the time of upgrade. Currently the maximum upgrade age is 85 years old. ●An upgrade will reset the WB and RDB. ●Rider Fee Percentage will be the fee
percentage that applies to the new
rider at the time of upgrade. ●Growth percentage will be the percentage available at the time of upgrade. |
●Upgrades allowed within a 30-day window following each successive
5th
rider anniversary. ●Rider availability and fees may vary at time of upgrade ●Upgrades are subject to issue age restrictions of the rider at the time of upgrade. Currently the maximum upgrade age is 85 years old. ●An upgrade will reset the WB and RDB. ●Rider Fee Percentage will be the fee
percentage that applies to the new
rider at the time of upgrade. ●Growth percentage will be the percentage available at the time of upgrade. |
N/A |
Rider Termination |
●The rider will be terminated upon Policy surrender, Annuitization, Annuitant2 death or upgrade. ●The date the Policy to which this rider is attached is assigned or if the Owner is changed without our approval. ●Termination allowed within 30 day
window following each successive 5th
rider anniversary. ●The rider will be terminated the date we receive written notice from You requesting termination. ●After termination, there is no wait period to re-add the rider, assuming the rider is still being offered. |
●The rider will be terminated upon Policy surrender, Annuitization, Annuitant2 death or upgrade. ●The date the Policy to which this rider is attached is assigned or if the Owner is changed without our approval. ●Termination allowed within 30 day
window following each successive 5th
rider anniversary. ●The rider will be terminated the date we receive written notice from You requesting termination. ●After termination, there is no wait period to re-add the rider, assuming the rider is still being offered. |
●The rider will be terminated upon
Policy surrender, Annuitization or
Annuitant2 death. ●The date the Policy to which this rider is attached is assigned or if the Owner is changed without our approval. ●Termination allowed at any time
after the 5th rider anniversary.
●The rider will be terminated the date we receive written notice from You requesting termination. ●After termination, there is no wait period to re-add the rider, assuming the rider is still available. |
Rider Name |
Additional Death Distribution 2003 |
Additional Death Distribution + |
Rider Form Number1 |
RTP 18 0103
ICC12 RTP 170513 |
RTP 17 0103
ICC12 RTP 180513 |
Purpose of Rider |
This is an Additional Death Benefit Rider which can
pay an additional benefit at time of death to help
alleviate the burden of taxes. |
This is an Additional Death Benefit Rider which can
pay an additional benefit at time of death to help
alleviate the burden of taxes. |
Availability |
●Issue age 0-75 but not yet 76 years old (Policy application signed on or after May 1, 2020). ●Issue age 0-80 but not yet 81 years old (policy application signed prior to May 1, 2020). ●Not available in all states. |
●Issue age 0-69 but not yet 70 years old (Policy application signed on or after May 1, 2020). ●Issue age 0-75 but not yet 76 years old (Policy application signed prior to May 1, 2020). ●Not available in all states. |
Base Benefit and Optional Fees at issue
|
Percentage of Policy Value – 0.25% |
Percentage of Policy Value – 0.55% |
Fee Frequency |
Assessed each rider anniversary and at rider
termination and equal to the Policy Value multiplied
by rider fee percentage. |
Assessed each rider anniversary and at rider
termination and equal to the Policy Value multiplied
by rider fee percentage. |
Death Benefit |
Amount is paid whenever a death benefit is paid and
the rider is attached. ●Amount paid=ADB Factor x Rider Earnings* ●ADB Factor - 40% for issue ages 0-70 and 25% for issue ages 71-80 (when application signed date is prior to May 1, 2020). ●ADB Factor - 40% for issue ages 0-70 and 25% for issue ages 71-75 (when application signed date is after May 1, 2020). *Rider earnings are defined as: - the Policy Value on the date the death benefit is determined; minus -Policy Value on the rider date; minus - premium payments after the rider date; plus - surrenders after the rider date that exceed the rider earnings on the date of the surrender. NOTE: No benefit is payable under the ADD rider if there are no rider earnings on the date the death benefit is calculated. |
Amount is paid whenever a death benefit is paid and
the rider is attached. ●Prior to 5th rider anniversary = Sum of all fees paid for this rider since the rider date. ●On or after 5th rider anniversary = Rider Benefit Base* x Rider Benefit Percentage**. **The rider benefit percentage = 30% for issue ages 0-70 and 20% for issue ages 71-75 (when application signed date is prior to May 1, 2020). **The rider benefit percentage = 30% for issue ages 0-69 (when application signed date is after May 1, 2020). *The Rider Benefit Base at any time is equal to the Policy Value less any premiums added after the Rider Date NOTE: No benefit is payable under the ADD+ rider if the Policy Value on the date the death benefit is paid is less than the premium payments after the rider date. |
Investment Restrictions and/or Designated Funds
Available |
N/A |
N/A |
Withdrawal Benefits |
N/A |
N/A |
Automatic Step-Up Benefit |
N/A |
N/A |
Exercising Rider |
No further action required to exercise the rider. |
No further action required to exercise the rider. |
Income Benefit or Other Benefit Payout
Considerations |
N/A |
N/A |
Rider Upgrade |
N/A |
N/A |
Rider Termination |
The rider can be added or dropped at any time. If
the rider is dropped and re-added, the rider will only
cover earnings accumulated since the rider was
re-added.
The rider will remain in effect until: ●You cancel it by notifying our Administrative Office in writing, ●the Policy is Annuitized or surrendered, ●or the additional death benefit is paid. |
The rider can be added or dropped at any time. If the rider is terminated they must wait one year to re-add rider. The rider will remain in effect until: ●You cancel it by notifying our Administrative Office in writing, ●the Policy is Annuitized or surrendered, ●or the additional death benefit is paid. |
Rider Name |
Living Benefit Rider (2005)3 |
Retirement Income Max®3
|
Retirement Income Choice®1.63 |
Rider Form Number1 |
RGMB 4 0504 |
RGMB 41 0513 |
RGMB 37 0809 - (w/o IE)
RGMB 38 0809 - (with IE) |
Purpose of Rider |
Also known as Guaranteed Principal
Solutions (GPS) rider, this is a Living |
This is a GLWB rider that guarantees
withdrawals for the Annuitant's2 |
This is a GLWB rider that guarantees withdrawals for the Annuitant's2 |
Rider Name |
Living Benefit Rider (2005)3 |
Retirement Income Max®3
|
Retirement Income Choice®1.63 |
Rider Form Number1 |
RGMB 4 0504 |
RGMB 41 0513 |
RGMB 37 0809 - (w/o IE)
RGMB 38 0809 - (with IE) |
|
Benefit Rider and should be viewed as a
way to permit you to invest in variable
Investment Options while still having
your Policy Value and liquidity
protected to the extent provided by this
rider.
This rider is a combination of two
separate annuity guarantees:
1)A GMWB and 2)A GMAB (a.k.a. principal
protection benefit or guarantee
future value benefit).
The rider will guarantee that the Policy
Value of the Policy will be at least as
high as the GFV after a waiting period
has expired. |
lifetime, regardless of Policy Value. ●The policyholder can withdraw the RWA each rider year until the death of the Annuitant.2
●This benefit is intended to provide a
level of payments regardless of the
performance of the designated
variable Investment Options You
select. |
lifetime, regardless of Policy Value. ●The policyholder can withdraw the RWA each rider year until the death of the Annuitant.2
●This benefit is intended to provide a
level of payments regardless of the
performance of the designated
variable Investment Options You
select. |
Availability |
●Issue age 0-80, but not yet 81 years old (unless state law requires a lower maximum issue age). ● ●Cannot be added to a Policy with other active GMLB or GMIB riders. ●Cannot be added on policies with Growth or Double Enhanced Death Benefits. |
●Issue age 0-85, but not yet 86 years old (unless state law requires a lower maximum issue age). ●Single Annuitant ONLY. Annuitant must be an Owner (unless Owner is a non-natural person). ●Maximum of 2 living Joint Owners (with one being the Annuitant). ●Cannot be added to a Policy with other active GMLB or GMIB riders. ●Cannot be added on policies with Growth or Double Enhanced Death Benefits. ●Not available on qualified annuity which has been continued by surviving spouse or beneficiary as a new Owner. |
●Issue age 0-85, but not yet 86 years old (unless state law requires a lower maximum issue age). ●Single Annuitant ONLY. Annuitant must be an Owner (unless Owner is a non-natural person). ●Maximum of 2 living Joint Owners (with one being the Annuitant). ●Cannot be added to a Policy with other active GMLB or GMIB riders. ●Cannot be added on policies with Growth or Double Enhanced Death Benefits. ●Not available on qualified annuity
which has been continued by
surviving spouse or beneficiary as a
new Owner. |
Base Benefit and Optional Fees at
issue |
Percentage of “Principal Back” TWB -
1.25% |
You may contact us at
www.transamerica.com for the current Rate Sheet Supplement applicable for this rider. For riders issued prior to the date of this prospectus, please reference the “Appendix – Prior
Withdrawal/Growth Percentages and
Rider Fees” in the Statement of
Additional Information. |
Fee based on designated allocation
groups and the optional benefits
selected. If You elect a combination of
designated allocations from among the
various groups below, then your fee will
be based on a weighted average of Your
choices.
You may contact us at
www.transamerica.com for the current Rate Sheet Supplement applicable for this rider. For riders issued prior to the date of this prospectus, please reference the “Appendix – Prior
Withdrawal/Growth Percentages and
Rider Fees” in the Statement of
Additional Information. |
Fee Frequency |
●Fee is deducted annually during the accumulation phase on each rider anniversary. ●A pro-rated fee is deducted at the time the rider is terminated or upgraded. |
●The fee is calculated at issue and each subsequent rider quarter for the upcoming quarter based on the fund values and WB at that point in time and stored. ●Deducted at each rider quarterversary in arrears during the accumulation phase. |
●The fee is calculated at issue and
each subsequent rider quarter for the
upcoming quarter based on the fund
values and WB at that point in time
and stored. ●Deducted at each rider quarterversary in arrears during the accumulation phase. |
Rider Name |
Living Benefit Rider (2005)3 |
Retirement Income Max®3
|
Retirement Income Choice®1.63 |
Rider Form Number1 |
RGMB 4 0504 |
RGMB 41 0513 |
RGMB 37 0809 - (w/o IE)
RGMB 38 0809 - (with IE) |
|
|
●The fee is calculated on a quarterly basis. ●A rider fee adjustment will be
applied for subsequent premium
payments and withdrawals that
change the withdrawal base. ●The base rider fee adjustment will be calculated using the same formula as the base rider fee. ●The rider fee adjustment may be positive or negative and will be added to or subtracted from the rider fee to be allocated. ●A pro-rated fee is deducted at the time the rider is terminated or upgraded. |
●The fee is calculated on a quarterly basis and varies depending on the fund allocation option You have chosen. ●A rider fee adjustment will be
applied for transfers between
allocation groups and for subsequent
premium payments and withdrawals
that change the withdrawal base. ●The base rider fee adjustment will be calculated using the same formula as the base rider fee. ●The rider fee adjustment may be positive or negative and will be added to or subtracted from the rider fee to be allocated. ●A pro-rated fee is deducted at the time the rider is terminated or upgraded. |
Death Benefit |
N/A |
N/A |
For an additional fee, the optional
death benefit may be elected with this
rider. Upon the death of an
Annuitant2, this rider will pay an
additional death benefit amount equal
to the excess, if any, of the RDB over
the base Policy death benefit and then
this rider will terminate.
The RDB does not reset due to the
automatic step-up feature. |
Designated Investment Options
Available - Policyholders who add these riders may only invest in the Investment Options listed. Investment Options may not be available as a designated fund based on rider issue date. Requiring that You designate 100% of Your Policy Value to the designated Investment Options, some of which employ strategies that are intended to reduce the risk of loss and/or manage volatility, may reduce investment returns and may reduce the likelihood that we will be required to use our own assets to pay amounts due under this benefit. PLEASE NOTE: These Investment
Options may not be available on all
products, may vary for certain policies
and may not be available for all
policies. Please reference Appendix - Portfolio Companies Available Under the Policy in Your prospectus for
available Portfolio Companies. You
cannot transfer any amount to any
other non-designated Subaccount
without losing all Your benefits under
this rider. |
All funds within the product are
considered designated funds for this
purpose. You must, however, adhere to
the Portfolio Allocation Method. See
below. |
For a list of designated funds for this
rider, please reference the Appendix - Designated Investment Options.
|
For a list of designated funds for this
rider, please reference the Appendix - Designated Investment Options.
|
Allocation Methods |
Portfolio Allocation Method (PAM): ●This program will automatically
allocate assets from the
policyholder's Separate Accounts to a |
N/A |
N/A |
Rider Name |
Living Benefit Rider (2005)3 |
Retirement Income Max®3
|
Retirement Income Choice®1.63 |
Rider Form Number1 |
RGMB 4 0504 |
RGMB 41 0513 |
RGMB 37 0809 - (w/o IE)
RGMB 38 0809 - (with IE) |
|
Subaccount of our choosing when
the Policy Value has dropped relative
to the guaranteed amount. ●If the Policy Value increases enough in relation to the guaranteed amounts, the money may be moved back into the Subaccounts (pro-rata based on the policyholder's current Subaccount values). ●The allocation of assets between the accounts is at our sole discretion but will initially use modern financial theory to determine the correct allocation. ●The policyholder may not allocate premium payments to, nor transfer Policy Value into or out of, the PAM Investment Options. Current PAM Subaccount: TA Aegon
U.S. Government Securities |
|
|
Withdrawal Benefits - See Hypothetical Adjusted Partial Withdrawals - Guaranteed Lifetime Withdrawal Benefit Riders and Living Benefit Rider Adjusted Partial Withdrawals appendices for examples
showing the effect of withdrawals on
the WB. |
The GMWB guarantees a withdrawal
amount regardless of the Policy Value.
The policyholder has 2 withdrawal
guarantees available. Once the rider is
issued, values for both withdrawal
guarantees will be calculated
indefinitely as follows:
a)7% Principal Back: The
policyholder can withdraw up to
7% of the 7% Principal Back TWB
per year until at least the time at
which the 7% Principal Back
MRWA has reached zero.
b)5% For Life: The policyholder can
withdraw up to 5% of the 5% For
Life TWB each year starting with
the Rider Anniversary following the
Annuitant's 59th birthday until at
least the later of the death of the
Annuitant or the time when the 5%
For Life MRWA* has reached zero.
* The MRWA represents the total
minimum dollar amount of guaranteed
withdrawals the policyholder has
remaining provided they take no more
than the MAWA each year. ●The policyholder does not have to take the entire MAWA in any year. ●If they do not take the full amount available, the remaining portion does not carry over to the next calendar year. |
The percentage is determined by the
attained age of the Annuitant2 at the
time of the first withdrawal. ●Starting the rider anniversary following the Annuitant's259th birthday, the withdrawal percentage increases above 0% which creates a RWA available under the rider for withdrawal. ●On each rider anniversary, the RWA will be reset equal to the greater of: 1)The WB multiplied by the
Withdrawal Percentage based on
the attained age of the
Annuitant2 at the time of their
first withdrawal if applicable, and
2)The RMD amount for this Policy for the current calendar year. ●The policyholder does not have to take the entire RWA in any year. ●If they do not take the full amount available, the remaining portion does not carry over to the next rider year. For riders issued prior to the date of this prospectus, please reference the Prior Withdrawal and Growth Percentages Appendix in the Statement of Additional Information. |
The percentage is determined by the
attained age of the Annuitant2 at the
time of the first withdrawal.
Single Life Riders
Age 1st WDSingle Life WD% 0 - 580.00%
59-643.50% 65-805.25%
81 + 6.0% Joint Life Riders Age 1st WDJoint
Life WD% 0 - 580.0% 59-643.00%
65-804.25% 81 + 4.75% ●Starting the rider anniversary following the Annuitant's259th birthday, the withdrawal percentage increases above 0% which creates a RWA available under the rider for withdrawal. ●On each rider anniversary, the RWA will be reset equal to the greater of: 1)The WB multiplied by the
Withdrawal Percentage based on
the attained age of the
Annuitant2 at the time of their
first withdrawal if applicable, and
2)The RMD amount for this Policy for the current calendar year. ●The policyholder does not have to take the entire RWA in any year. ●If they do not take the full amount available, the remaining portion does not carry over to the next rider year. For riders issued prior to the date of this prospectus, please reference the Prior Withdrawal and Growth Percentages Appendix in the Statement of Additional Information. |
Automatic Step-Up Benefit |
N/A |
On each rider anniversary, the WB will
be set to the greatest of: |
On each rider anniversary, the WB will be set to the greatest of: |
Rider Name |
Living Benefit Rider (2005)3 |
Retirement Income Max®3
|
Retirement Income Choice®1.63 |
Rider Form Number1 |
RGMB 4 0504 |
RGMB 41 0513 |
RGMB 37 0809 - (w/o IE)
RGMB 38 0809 - (with IE) |
|
|
1)The current WB: 2)The Policy Value on the rider
anniversary;
3)The highest Policy Value on a rider monthiversarySM*; or 4)The current WB immediately prior
to anniversary processing increased
by the growth rate percentage**
* Item 3) is set to zero if there have
been any excess withdrawals in the
current rider year.
** Item 4) is set to zero after the first 10
years or if there have been any
withdrawals in the current rider year.
A step-up will occur if the largest value
is either 2) or 3) above. A step-up will
allow us to change the rider fee
percentage after the 1st rider
anniversary. ●If the largest value is 1) or 4) above, this is not considered a step-up. ●Owner will have a 30 day window after the rider anniversary to reject an automatic step-up if we increase the rider fee.—Must be in writing. ●If an Owner rejects an automatic step-up, they retain the right to all future automatic step-ups. NOTE: The withdrawal percentage will
also increase if You have crossed into
another age band prior to an automatic
step-up after the election date. |
1)The current WB: 2)The Policy Value on the rider
anniversary;
3)The highest Policy Value on a rider monthiversarySM*; or 4)The current WB immediately prior
to anniversary processing increased
by the growth rate percentage**
* Item 3) is set to zero if there have
been any excess withdrawals in the
current rider year.
** Item 4) is set to zero after the first 10
years or if there have been any
withdrawals in the current rider year.
A step-up will occur if the largest value
is either 2) or 3) above. A step-up will
allow us to change the rider fee
percentage after the 5th rider
anniversary. ●If the largest value is 1) or 4) above, this is not considered a step-up. ●Owner will have a 30 day window after the rider anniversary to reject an automatic step-up if we increase the rider fee.—Must be in writing. ●If an Owner rejects an automatic step-up, they retain the right to all future automatic step-ups. NOTE: The withdrawal percentage will
also increase if You have crossed into
another age band prior to an automatic
step-up after the election date. |
Exercising Rider |
For Life GMWB: The policyholder is guaranteed to be able to withdraw up to the For Life MAWA until the later of 1) the Annuitant's death or 2) the For Life MRWA is zero. Principal Back GMWB:
The policyholder is guaranteed to be
able to withdraw up to the Principal
Back MAWA until the Principal Back
MRWA is zero.
GMAB: At the end of the GMAB waiting period (currently 10 years), should the Policy Value be less than the GFV, the GMAB feature will add the difference to the Policy Value on a pro-rata basis based on their current account value. a)The addition to the Policy will not
be considered premium and should
not affect any other Policy
calculations, including the GMDB
calculations.
b)At the end of the waiting period, the GMAB will not provide any more benefits, unless the policyholder chooses to upgrade the rider. |
Exercising Base Benefit: The policyholder is guaranteed to be able to withdraw up to the RWA each rider year if the Policy Value does not reach zero as a result of an excess withdrawal. The rider benefits cease when the Annuitant2 has died. |
Exercising Base Benefit: The
policyholder is guaranteed to be able to
withdraw up to the RWA each rider
year if the Policy Value does not reach
zero as a result of an excess withdrawal.
The rider benefits cease when the
Annuitant2 has died.
Exercising Death Option: This optional feature may be elected with this rider. Upon the death of an Annuitant2, this rider will pay an additional death benefit amount equal to the excess, if any, of the RDB over the greater of the base Policy death benefit or any GMDB. Exercising the Income Enhancement Option: If qualifications are met, this optional feature doubles the income benefit percentage until the Annuitant2 is no longer confined (either has left the facility or deceased). Qualifications: –Confinement must be due to a
medical necessity due to physical or
cognitive ailment.
–Must be the Annuitant2 who is confined. –Waiting period of 1 year from the
rider date before the increase in the
income benefit percentage is applicable.
–Elimination period is 180 days within the last 12 months which can be satisfied during the waiting period. –Proof of confinement is required. |
Rider Name |
Living Benefit Rider (2005)3 |
Retirement Income Max®3
|
Retirement Income Choice®1.63 |
Rider Form Number1 |
RGMB 4 0504 |
RGMB 41 0513 |
RGMB 37 0809 - (w/o IE)
RGMB 38 0809 - (with IE) |
|
|
|
This may be a statement from a
Physician or a hospital or nursing facility administrator. –Qualification standards can be met
again on the Annuitant's2 life. |
Income Benefit or Other Benefit
Payout Considerations |
The GFV is the Policy Value we are
guaranteeing on the GFV date. After
the Rider Issue Date, the GFV is equal
to the GFV on the Rider Issue Date,
plus a percentage of premiums (not
including premium enhancements)
received after the Rider Date as shown
in the table below, less an adjustment
for withdrawals.
Year Rec'd% Added to GFV 1100%
290% 380%
470% 560%
6-1050% 10+0%
At the end of the GMAB waiting
period (currently 10 years), should the
Policy Value be less than the GFV, we
will add the difference to the Policy
Value on a pro-rata basis based on their
current Policy Value. |
Growth: Benefit is not elected separately but is built into the rider. The WB will grow annually. This will only be credited on the rider anniversary for up to 10 rider years. This is not added on top of a step-up if applicable. If a withdrawal has occurred in the current rider year growth will not be applied. Please see the Prior Withdrawal and Growth Percentages Appendix in the Statement of Additional Information for Your applicable Growth Percentage. NOTE: There is not an adjustment or
credit for partial years of interest.
Growth is not accumulated daily. Only
calculated at the end of the year if no
withdrawals were taken. |
Growth: Benefit is not elected separately but is built into the rider. The WB will grow annually. This will only be credited on the rider anniversary for up to 10 rider years. This is not added on top of a step-up if applicable. If a withdrawal has occurred in the current rider year growth will not be applied. For riders issued on or after May 1, 20145.5%
For riders issued prior to
May 1, 20145.0% NOTE: There is not an adjustment or
credit for partial years of interest.
Growth is not accumulated daily. Only
calculated at the end of the year if no
withdrawals were taken. |
Rider Upgrade |
●May upgrade any time after the
3rd
Anniversary by terminating the rider
and adding the new rider in place at
that time, as long as the covered lives
meet the age requirements in effect
at that time. ●Must be prior to the annuitant's
86th
birthday ●An upgrade will reset the MRWA, TWB, MAWA and the GFV values. ●Rider Fee will be the fee that applies to the new rider at the time of upgrade. |
N/A |
●Upgrades allowed within a 30-day window following each successive
5th
rider anniversary. ●Rider availability and fees may vary at time of upgrade ●Upgrades are subject to issue age restrictions of the rider at the time of upgrade. Currently the maximum upgrade age is 85 years old. ●An upgrade will reset the WB and RDB. ●Rider Fee Percentage will be the fee
percentage that applies to the new
rider at the time of upgrade. ●Growth percentage will be the percentage available at the time of upgrade. |
Rider Termination |
●The rider will be terminated upon Policy surrender, Annuitization or upgrade. ●The policyholder must wait 3 years
from the Rider Start Date to
terminate. ●After the three-year waiting period, the policyholder may terminate the rider at any time. ●The rider will be terminated the date we receive Written Notice from You requesting termination. |
●The rider will be terminated upon Policy surrender, Annuitization, Annuitant2 death. ●The date the Policy to which this
rider is attached is assigned or if the
Owner is changed without our
approval. ●Termination allowed within 30 day window following each successive
5th
rider anniversary. ●The rider will be terminated the date an excess withdrawal reduces Your |
●The rider will be terminated upon
Policy surrender, Annuitization,
Annuitant2 death or upgrade. ●The date the Policy to which this rider is attached is assigned or if the Owner is changed without our approval. ●Termination allowed within 30 day
window following each successive 5th
rider anniversary. ●The rider will be terminated the date an excess withdrawal reduces Your |
Rider Name |
Living Benefit Rider (2005)3 |
Retirement Income Max®3
|
Retirement Income Choice®1.63 |
Rider Form Number1 |
RGMB 4 0504 |
RGMB 41 0513 |
RGMB 37 0809 - (w/o IE)
RGMB 38 0809 - (with IE) |
|
|
Policy Value to zero; or we receive
Written Notice from You requesting
termination. |
Policy Value to zero; or we receive Written Notice from You requesting termination. |
Investment Objective |
Underlying Fund Portfolio and
Adviser/Sub-adviser (1) |
Current
Expenses |
Platform
Charges |
Current
Expenses
Plus
Platform
Charges |
Average Annual
Total Returns
(as of 12/31/23) | ||
1 year |
5 years |
10 years | |||||
To maximize total return consistent
with the Adviser's determination of
reasonable risk. |
AB Balanced Hedged Allocation
Portfolio - Class B
Advised by: AllianceBernstein L.P.
|
0.99% |
0.20% |
1.19% |
12.66% |
5.92% |
5.04% |
Long-term growth of capital. |
AB Relative Value Portfolio - Class B(
Advised by: AllianceBernstein L.P.
|
0.87% |
- |
0.87% |
11.72% |
11.57% |
9.05% |
To provide high total return (including
income and capital gains) consistent
with preservation of capital over the
long term. |
American Funds - Asset
Allocation FundSM - Class 2
Advised by: Capital Research and
Management CompanySM |
0.55% |
0.30% |
0.85% |
14.27% |
9.20% |
7.25% |
To provide growth of capital. |
American Funds - Growth FundSM -
Class 2
Advised by: Capital Research and
Management CompanySM |
0.59% |
0.30% |
0.89% |
38.49% |
18.68% |
14.36% |
To achieve long-term growth of capital
and income. |
American Funds - Growth-Income
FundSM - Class 2
Advised by: Capital Research and
Management CompanySM |
0.53% |
0.30% |
0.83% |
26.14% |
13.36% |
10.91% |
To achieve long-term growth of capital. |
American Funds - International
FundSM - Class 2
Advised by: Capital Research and
Management CompanySM |
0.78% |
0.30% |
1.08% |
15.84% |
4.83% |
3.41% |
To provide as high a level of current
income as is consistent with the
preservation of capital. |
American Funds - The Bond Fund of
AmericaSM - Class 2
Advised by: Capital Research and
Management CompanySM |
0.63% |
0.30% |
0.93% |
5.02% |
1.89% |
2.08% |
Seeks income and capital growth
consistent with reasonable risk. |
Fidelity® VIP Balanced Portfolio -
Service Class 2
Advised by: Fidelity Management &
Research Company |
0.69% |
- |
0.69% |
21.29% |
12.16% |
8.81% |
Seeks long-term capital appreciation. |
Fidelity® VIP Contrafund® Portfolio -
Service Class 2
Advised by: Fidelity Management &
Research Company |
0.81% |
- |
0.81% |
33.12% |
16.36% |
11.33% |
Investment Objective |
Underlying Fund Portfolio and
Adviser/Sub-adviser (1) |
Current
Expenses |
Platform
Charges |
Current
Expenses
Plus
Platform
Charges |
Average Annual
Total Returns
(as of 12/31/23) | ||
1 year |
5 years |
10 years | |||||
Seeks long-term growth of capital. |
Fidelity® VIP Mid Cap Portfolio -
Service Class 2
Advised by: Fidelity Management &
Research Company |
0.82% |
- |
0.82% |
14.80% |
12.17% |
7.85% |
Seeks capital appreciation. |
Fidelity® VIP Value Strategies Portfolio
- Service Class 2
Advised by: Fidelity Management &
Research Company |
0.85% |
- |
0.85% |
20.61% |
16.63% |
9.10% |
The highest total return, composed of
current income and capital
appreciation, as is consistent with
prudent investment risk. |
State Street Total Return V.I.S. Fund -
Class 3
Advised by: SSGA Funds Management,
Inc. |
0.90% |
0.20% |
1.10% |
15.21% |
5.90% |
4.66% |
Seeks long-term capital appreciation
and current income. |
Transamerica 60/40 Allocation VP -
Service Class
Advised by: Transamerica Asset
Management, Inc. |
0.90% |
- |
0.90% |
15.95% |
8.88% |
N/A |
Seeks maximum total return consistent
with preservation of capital and
prudent investment management. |
Transamerica Aegon Bond VP –
Service Class
Sub-Advised by: Pacific Investment
Management Company LLC |
0.78% |
- |
0.78% |
6.18% |
0.73% |
1.44% |
Seeks total return, consisting of current
income and capital appreciation. |
Transamerica Aegon Core Bond VP -
Service Class
Sub-Advised by: J.P. Morgan
Investment Management Inc. |
0.75% |
- |
0.75% |
5.78% |
1.06% |
1.60% |
Seeks a high level of current income by
investing in high-yield debt securities. |
Transamerica Aegon High Yield Bond
VP - Service Class
Sub-Advised by: Aegon USA Investment
Management, LLC |
0.90% |
- |
0.90% |
10.87% |
4.47% |
4.00% |
Seeks total return gained from the
combination of dividend yield, growth
of dividends and capital appreciation. |
Transamerica Aegon Sustainable Equity
Income VP - Service Class
Sub-Advised by: Aegon Asset
Management UK plc (“AAM”) |
0.98% |
- |
0.98% |
6.00% |
5.44% |
5.13% |
Seeks to provide as high a level of total
return as is consistent with prudent
investment strategies. |
Transamerica Aegon U.S. Government
Securities VP - Service Class
Sub-Advised by: Aegon USA Investment
Management, LLC |
083% |
- |
083% |
3.69% |
0.25% |
0.79% |
Seeks to provide total return (including
income and capital gains) consistent
with preservation of capital over the
long term while seeking to manage
volatility and provide downside
protection. |
Transamerica American Funds
Managed Risk VP - Service Class
Sub-Advised by: Milliman Financial
Risk Management LLC |
1.10% |
- |
1.10% |
10.39% |
6.32% |
N/A |
Seeks as high a level of current income
as is consistent with preservation of
capital and liquidity. |
Transamerica BlackRock Government
Money Market VP - Service Class(2)
Sub-Advised by: BlackRock Investment
Management, LLC |
0.54% |
- |
0.54% |
4.66% |
1.58% |
0.87% |
Seeks current income and preservation
of capital. |
Transamerica BlackRock iShares Active
Asset Allocation - Conservative VP -
Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
0.92% |
- |
0.92% |
9.96% |
3.16% |
2.79% |
Investment Objective |
Underlying Fund Portfolio and
Adviser/Sub-adviser (1) |
Current
Expenses |
Platform
Charges |
Current
Expenses
Plus
Platform
Charges |
Average Annual
Total Returns
(as of 12/31/23) | ||
1 year |
5 years |
10 years | |||||
Seeks capital appreciation and current
income. |
Transamerica BlackRock iShares Active
Asset Allocation - Moderate VP -
Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
0.88% |
- |
0.88% |
13.37% |
3.15% |
2.73% |
Seeks capital appreciation with current
income as secondary objective. |
Transamerica BlackRock iShares Active
Asset Allocation - Moderate Growth
VP - Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
0.91% |
- |
0.91% |
17.62% |
2.43% |
2.30% |
Seeks capital appreciation and income. |
Transamerica BlackRock iShares
Dynamic Allocation - Balanced VP -
Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
0.89% |
- |
0.89% |
12.66% |
3.61% |
3.01% |
Seeks capital appreciation and income. |
Transamerica BlackRock iShares
Dynamic Allocation - Moderate
Growth VP - Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
0.89% |
- |
0.89% |
17.28% |
4.96% |
3.63% |
Seeks long term capital appreciation
and capital preservation. |
Transamerica BlackRock iShares Edge
40 VP - Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
0.71% |
- |
0.71% |
9.07% |
4.46% |
3.37% |
Seeks long-term capital appreciation
and capital preservation. |
Transamerica BlackRock iShares Edge
50 VP - Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
0.69% |
- |
0.69% |
9.79% |
5.19% |
N/A |
Seeks long-term capital appreciation
and capital preservation as a secondary
objective. |
Transamerica BlackRock iShares Edge
75 VP - Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
0.73% |
- |
0.73% |
12.09% |
7.36% |
N/A |
Seeks long-term capital appreciation. |
Transamerica BlackRock iShares Edge
100 VP - Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
0.81% |
- |
0.81% |
14.47% |
9.34% |
N/A |
Seeks a combination of capital
appreciation and income. |
Transamerica BlackRock iShares
Tactical - Balanced VP - Service Class(3)
Sub-Advised by: Pacific Investment
Management Company LLC |
0.89% |
- |
0.89% |
10.66% |
4.27% |
3.59% |
Seeks a combination of capital
appreciation and income. |
Transamerica BlackRock iShares
Tactical - Conservative VP - Service
Class(4)
Sub-Advised by: Pacific Investment
Management Company LLC |
0.92% |
- |
0.92% |
7.24% |
3.61% |
3.40% |
Seeks a combination of capital
appreciation and income. |
Transamerica BlackRock iShares
Tactical - Growth VP - Service Class(5)
Sub-Advised by: Pacific Investment
Management Company LLC |
0.93% |
- |
0.93% |
13.94% |
6.23% |
4.44% |
Investment Objective |
Underlying Fund Portfolio and
Adviser/Sub-adviser (1) |
Current
Expenses |
Platform
Charges |
Current
Expenses
Plus
Platform
Charges |
Average Annual
Total Returns
(as of 12/31/23) | ||
1 year |
5 years |
10 years | |||||
Seeks to maximize total return. |
Transamerica BlackRock Real Estate
Securities VP - Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
1.15% |
- |
1.15% |
13.15% |
4.85% |
3.59% |
Seeks capital appreciation with current
income as a secondary objective. |
Transamerica BlackRock Tactical
Allocation VP - Service Class
Sub-Advised by: BlackRock Investment
Management, LLC |
1.02% |
- |
1.02% |
14.88% |
6.54% |
4.90% |
Seeks to balance capital appreciation
and income. |
Transamerica Goldman Sachs Managed
Risk - Balanced ETF VP - Service Class
Sub-Advised by: Milliman Financial
Risk Management LLC |
0.64% |
- |
0.64% |
13.20% |
5.04% |
3.97% |
Seeks current income and preservation
of capital. |
Transamerica Goldman Sachs Managed
Risk - Conservative ETF VP - Service
Class
Sub-Advised by: Milliman Financial
Risk Management LLC |
0.66% |
- |
0.66% |
10.59% |
3.35% |
3.22% |
Seeks capital appreciation as a primary
objective and income as a secondary
objective. |
Transamerica Goldman Sachs Managed
Risk - Growth ETF VP - Service Class
Sub-Advised by: Milliman Financial
Risk Management LLC |
0.67% |
- |
0.67% |
17.68% |
7.38% |
5.13% |
Seeks long-term capital appreciation. |
Transamerica Great Lakes Advisors
Large Cap Value VP - Service Class(6)
Sub-Advised by: Great Lakes Advisors
LLC |
0.97% |
- |
0.97% |
12.78% |
9.66% |
N/A |
Seeks long-term capital appreciation. |
Transamerica International Focus VP -
Service Class
Sub-Advised by: Epoch Investment
Partners, Inc. |
1.10% |
- |
1.10% |
12.27% |
8.75% |
4.09% |
Seeks long-term capital growth,
consistent with preservation of capital
and balanced by current income. |
Transamerica Janus Balanced VP -
Service Class
Sub-Advised by: Janus Henderson
Investors US LLC |
0.99% |
- |
0.99% |
15.01% |
9.00% |
7.27% |
Seeks long-term capital appreciation. |
Transamerica Janus Mid-Cap Growth
VP - Service Class
Sub-Advised by: Janus Henderson
Investors US LLC |
1.11% |
- |
1.11% |
16.80% |
12.97% |
7.98% |
Seeks current income and preservation
of capital. |
Transamerica JPMorgan Asset
Allocation - Conservative VP –
Service Class
Sub-Advised by: J.P. Morgan
Investment Management Inc. |
0.99% |
- |
0.99% |
6.83% |
3.76% |
3.04% |
Seeks current income and preservation
of capital. |
Transamerica JPMorgan Asset
Allocation - Growth VP – Service
Class
Sub-Advised by: J.P. Morgan
Investment Management Inc. |
1.11% |
- |
1.11% |
20.00% |
11.61% |
7.40% |
Investment Objective |
Underlying Fund Portfolio and
Adviser/Sub-adviser (1) |
Current
Expenses |
Platform
Charges |
Current
Expenses
Plus
Platform
Charges |
Average Annual
Total Returns
(as of 12/31/23) | ||
1 year |
5 years |
10 years | |||||
Seeks capital appreciation and current
income. |
Transamerica JPMorgan Asset
Allocation - Moderate VP – Service
Class
Sub-Advised by: J.P. Morgan
Investment Management Inc. |
1.02% |
- |
1.02% |
8.86% |
5.31% |
4.13% |
Seeks capital appreciation with current
income as a secondary objective. |
Transamerica JPMorgan Asset
Allocation - Moderate Growth VP –
Service Class
Sub-Advised by: J.P. Morgan
Investment Management Inc. |
1.08% |
- |
1.08% |
11.93% |
7.59% |
5.41% |
Seeks to earn a total return modestly in
excess of the total return performance
of the S&P 500® (including the
reinvestment of dividends) while
maintaining a volatility of return
similar to the S&P 500®. |
Transamerica JPMorgan Enhanced
Index VP – Service Class
Sub-Advised by: J.P. Morgan
Investment Management Inc. |
0.87% |
- |
0.87% |
27.39% |
16.10% |
11.67% |
Seeks capital appreciation with current
income as a secondary objective. |
Transamerica JPMorgan International
Moderate Growth VP – Service Class
Sub-Advised by: J.P. Morgan
Investment Management Inc. |
1.14% |
- |
1.14% |
8.70% |
5.68% |
3.33% |
Seeks current income and preservation
of capital. |
Transamerica JPMorgan Tactical
Allocation VP - Service Class
Sub-Advised by: J.P. Morgan
Investment Management Inc. |
1.02% |
- |
1.02% |
8.57% |
3.90% |
3.44% |
Seeks high total return through the
combination of income and capital
appreciation. |
Transamerica Madison Diversified
Income VP - Service Class
Sub-Advised by: Madison Asset
Management. LLC |
1.08% |
- |
1.08% |
3.97% |
4.51% |
4.38% |
Seeks capital appreciation. |
Transamerica Market Participation
Strategy VP - Service Class
Sub-Advised by: PGIM Quantitative
Solutions LLC |
0.98% |
- |
0.98% |
11.55% |
9.06% |
6.12% |
Seeks high total return.. |
Transamerica Morgan Stanley Global
Allocation VP - Service Class
Sub-Advised by: Morgan Stanley
Investment Management Inc. |
1.28% |
- |
1.28% |
13.69% |
7.12% |
4.51% |
Seeks to provide capital appreciation
and income while seeking to manage
volatility. |
Transamerica Morgan Stanley Global
Allocation Managed Risk - Balanced
VP - Service Class
Sub-Advised by: Milliman Financial
Risk Management LLC |
1.45% |
- |
1.45% |
9.00% |
3.64% |
N/A |
Seeks to track the investment results of
an index composed of large- and
mid-capitalization developed market
equities, excluding the U.S. and
Canada. |
Transamerica MSCI EAFE Index VP -
Service Class
Sub-Advised by: SSGA Funds
Management, Inc. |
0.61% |
0.15% |
0.76% |
17.46% |
7.80% |
N/A |
Seeks to provide a high total
investment return through investments
in a broadly diversified portfolio of
stock, bonds and money market
instruments. |
Transamerica Multi-Managed Balanced
VP – Service Class
Sub-Advised by: J.P. Morgan
Investment Management Inc. and Aegon
USA Investment Management, LLC |
0.89% |
- |
0.89% |
18.44% |
10.16% |
7.75% |
Investment Objective |
Underlying Fund Portfolio and
Adviser/Sub-adviser (1) |
Current
Expenses |
Platform
Charges |
Current
Expenses
Plus
Platform
Charges |
Average Annual
Total Returns
(as of 12/31/23) | ||
1 year |
5 years |
10 years | |||||
Seeks maximum real return, consistent
with appreciation of capital. |
Transamerica PineBridge Inflation
Opportunities VP - Service Class
Sub-Advised by: PineBridge
Investments LLC |
0.78% |
- |
0.78% |
5.44% |
2.87% |
2.00% |
Seeks to provide investment results
that, before expenses, correspond
generally to the price and yield
performance of the S&P 500® Index. |
Transamerica S&P 500 Index VP -
Service Class
Sub-Advised by: SSGA Funds
Management, Inc. |
0.39% |
0.15% |
0.54% |
25.73% |
15.20% |
N/A |
Seeks to maximize total return. |
Transamerica Small/Mid Cap Value VP
– Service Class Sub-Advised by: Systematic Financial Management L.P. & Thompson, Siegel & Walmsley LLC |
1.07% |
- |
1.07% |
12.15% |
11.19% |
7.88% |
Seeks long-term growth of capital by
investing primarily in common stocks
of small growth companies. |
Transamerica T. Rowe Price Small Cap
VP – Service Class
Sub-Advised by: T. Rowe Price
Associates, Inc. |
1.09% |
- |
1.09% |
20.88% |
11.15% |
8.74% |
Seeks maximum long-term total return,
consistent with reasonable risk to
principal, by investing in a diversified
portfolio of common stocks of
primarily non-U.S. issuers. |
Transamerica TS&W
International Equity VP – Service
Class
Sub-Advised by: Thompson, Siegel &
Walmsley LLC |
1.11% |
- |
1.11% |
15.26% |
7.39% |
3.59% |
Seeks growth from capital appreciation. |
Transamerica TS&W Mid Cap Value
Opportunities VP–Service Class(7)
Sub-Advised by: J.P. Morgan
Investment Management Inc. |
1.02% |
- |
1.02% |
10.57% |
10.68% |
7.74% |
Seeks to maximize long-term growth. |
Transamerica WMC US Growth VP –
Service Class(8)
Sub-Advised by: Wellington
Management Company, LLP |
0.91% |
- |
0.91% |
41.72% |
17.45% |
13.31% |
Investment Objective |
Underlying Fund Portfolio and
Adviser/Sub-adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23) | ||
1 year |
5 years |
10 years | |||
Long-term growth of capital. |
AB Large Cap Growth Portfolio – Class B
Advised by: AllianceBernstein L.P.
|
0.92% |
34.78% |
17.56% |
14.60% |
Seeks reasonable income and will also consider
the potential for capital appreciation. The goal
is to achieve a yield which exceeds the
composite yield on the securities comprising the
S&P 500® Index. |
Fidelity VIP Equity-Income Portfolio –
Service Class 2
Advised by: Fidelity Management & Research
Company |
0.72% |
10.38% |
12.01% |
8.31% |
Seeks to achieve capital appreciation. |
Fidelity VIP Growth Portfolio – Service Class
2
Advised by: Fidelity Management & Research
Company |
0.83% |
35.89% |
19.34% |
14.51% |
Capital appreciation. Secondary goal is income. |
Franklin Mutual Shares VIP Fund - Class 2
Advised by: Franklin Mutual Advisers,
LLC |
0.93% |
13.46% |
7.82% |
5.43% |
Seek capital growth. |
Invesco V.I. American Franchise Fund – Series
II Shares
Advised by: Invesco Advisers, Inc.
|
1.11% |
40.60% |
15.88% |
11.42% |
Seeks long-term growth of capital. |
Janus Henderson Enterprise Portfolio –
Service Shares
Advised by: Janus Henderson Investors US
LLC |
0.97% |
17.78% |
13.14% |
11.82% |
Seeks long-term growth of capital. |
Janus Henderson Global Research Portfolio –
Service Shares
Advised by: Janus Henderson Investors US
LLC |
0.86% |
26.47% |
13.05% |
8.74% |
Seeks total return. |
MFS® Total Return Series – Service Class
Advised by: MFS® Investment
Management |
0.95% |
10.22% |
8.27% |
6.27% |
Investment Objective |
Underlying Fund Portfolio and
Adviser/Sub-adviser |
Current
Expenses |
Platform
Charges |
Current
Expenses
with
Platform
Charges |
Average Annual
Total Returns
(as of 12/31/23) | ||
1 year |
5 years |
10 years | |||||
To maximize income while maintaining
prospects for capital appreciation. |
Franklin Income VIP Fund - Class 2
Advised by: Franklin Advisers, Inc. |
0.72% |
- |
0.72% |
8.62% |
6.98% |
5.01% |
Long-term growth of capital. |
Templeton Foreign VIP Fund - Class 2
Advised by: Templeton Investment
Counsel LLC |
1.09% |
- |
1.09% |
20.76% |
5.27% |
1.58% |
Long term capital growth. |
Fidelity VIP Equity-Income Portfolio
– Service Class 2 Advised by: Fidelity Management & Research Company |
0.72% |
- |
0.72% |
10.38% |
12.01% |
8.31% |
Seeks capital appreciation. Secondary
goal is income. |
Franklin Allocation VIP Fund - Class 4
Advised by: Franklin Templeton
Services, LLC |
0.93% |
0.15% |
1.08% |
14.61% |
7.57% |
4.75% |
Seeks capital appreciation. |
MFS® New Discovery Series – Service
Class
Advised by: MFS® Investment
Management |
1.19% |
- |
1.19% |
14.55% |
10.81% |
7.41% |
Investment Objective |
Underlying Fund Portfolio and
Adviser/Sub-adviser |
Current
Expenses |
Average Annual
Total Returns
(as of 12/31/23) | ||
1 year |
5 years |
10 years | |||
Seeks total return gained from the combination
of dividend yield, growth of dividends and
capital appreciation. |
Transamerica Aegon Sustainable Equity Income
VP - Initial Class
Advised by: Aegon Asset Management UK plc
(“AAM”) |
0.73% |
6.28% |
5.71% |
5.39% |
|
Double
Enhanced
Death
Benefit(1) |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Choice® 1.6 Rider |
Retirement
Income
Choice® 1.6 Rider |
Retirement
Income
Choice® 1.6 Rider |
Subaccounts |
|
Before
12/12/11 |
12/12/11 to
11/9/14 |
11/10/14 to
1/31/18 |
2/1/18 to
4/30/20 |
Post
5/1/20 |
Before
2/28/19 |
3/1/19 to
8/31/2020 |
9/1/2020
and After
Group
A, B or C |
AB Balanced Hedged Allocation
Portfolio - Class B |
√ |
|
|
|
|
|
A |
A |
B |
AB Relative Value Portfolio - Class B |
|
|
|
|
|
|
|
A |
A |
American Funds - Asset
Allocation FundSM - Class 2 |
√ |
|
|
|
|
|
|
A |
B |
American Funds - The Bond Fund of
AmericaSM - Class 2 |
√ |
√ |
√ |
√ |
√ |
√ |
C |
A |
C |
American Funds - Growth FundSM -
Class 2 |
|
|
|
|
|
|
|
A |
A |
American Funds - Growth-Income
FundSM - Class 2 |
|
|
|
|
|
|
|
A |
A |
American Funds - International FundSM
- Class 2 |
|
|
|
|
|
|
|
A |
A |
Fidelity® VIP Balanced Portfolio -
Service Class 2 |
√ |
|
|
|
|
|
|
A |
B |
Fidelity® VIP Contrafund® Portfolio -
Service Class 2 |
|
|
|
|
|
|
|
A |
A |
Fidelity® VIP Mid Cap Portfolio -
Service Class 2 |
|
|
|
|
|
|
|
A |
A |
Fidelity® VIP Value Strategies Portfolio -
Service Class 2 |
|
|
|
|
|
|
|
A |
A |
State Street Total Return V.I.S. Fund -
Class 3 |
√ |
|
|
|
|
|
A |
A |
B |
TA 60/40 Allocation - Service Class |
|
|
|
|
|
|
A |
A |
B |
TA Aegon Bond - Service Class |
√ |
√ |
√ |
√ |
√ |
√ |
C |
A |
C |
TA Aegon Core Bond - Service Class |
|
√ |
√ |
√ |
√ |
√ |
C |
A |
C |
TA Aegon High Yield Bond - Service
Class |
|
|
|
|
|
|
|
A |
B |
TA Aegon Sustainable Equity Income -
Service Class |
|
|
|
|
|
|
|
A |
A |
TA Aegon U.S. Government Securities -
Service Class |
√ |
√ |
√ |
√ |
√ |
√ |
C |
A |
C |
TA American Funds Managed Risk -
Balanced - Service Class(2) |
√ |
√ |
√ |
|
√ |
|
B |
A |
B |
TA BlackRock Government Money
Market - Service Class |
√ |
√ |
√ |
√ |
√ |
√ |
C |
A |
C |
TA BlackRock iShares Active Asset
Allocation - Conservative - Service
Class(2) |
√ |
√ |
√ |
√ |
√ |
√ |
C |
A |
B |
|
Double
Enhanced
Death
Benefit(1) |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Choice® 1.6 Rider |
Retirement
Income
Choice® 1.6 Rider |
Retirement
Income
Choice® 1.6 Rider |
Subaccounts |
|
Before
12/12/11 |
12/12/11 to
11/9/14 |
11/10/14 to
1/31/18 |
2/1/18 to
4/30/20 |
Post
5/1/20 |
Before
2/28/19 |
3/1/19 to
8/31/2020 |
9/1/2020
and After
Group
A, B or C |
TA BlackRock iShares Active Asset
Allocation - Moderate - Service Class(2) |
|
√ |
√ |
√ |
√ |
√ |
B |
A |
B |
TA BlackRock iShares Active Asset
Allocation - Moderate Growth - Service
Class(2) |
|
|
|
|
|
|
A |
A |
B |
TA BlackRock iShares Dynamic
Allocation - Balanced - Service Class(2) |
|
√ |
√ |
√ |
√ |
√ |
B |
A |
B |
TA BlackRock iShares Dynamic
Allocation - Moderate Growth - Service
Class(2) |
|
|
|
|
|
|
A |
A |
B |
TA BlackRock iShares Edge 40- Service
Class |
√ |
√ |
√ |
|
√ |
√ |
C |
A |
B |
TA BlackRock iShares Edge 50 - Service
Class |
√ |
|
|
|
|
|
B |
A |
B |
TA BlackRock iShares Edge 75 - Service
Class |
√ |
|
|
|
|
|
A |
A |
B |
TA BlackRock iShares Edge 100 -
Service Class |
√ |
|
|
|
|
|
|
A |
A |
TA BlackRock iShares Tactical
- Balanced - Service Class |
|
√ |
√ |
|
|
|
B |
A |
B |
TA BlackRock iShares Tactical
- Conservative - Service Class |
|
√ |
√ |
√ |
√ |
|
C |
A |
B |
TA BlackRock iShares Tactical - Growth
- Service Class |
|
|
|
|
|
|
A |
A |
B |
TA BlackRock Real Estate Securities -
Service Class |
|
|
|
|
|
|
|
A |
A |
TA BlackRock Tactical Allocation -
Service Class(2) |
|
|
|
|
|
|
B |
A |
B |
TA Goldman Sachs Managed Risk -
Balanced ETF - Service Class(2) |
√ |
√ |
√ |
√ |
√ |
√ |
B |
A |
B |
TA Goldman Sachs Managed Risk -
Conservative ETF - Service Class(2) |
√ |
√ |
√ |
√ |
√ |
√ |
C |
A |
B |
TA Great Lakes Advisors Large Cap
Value - Service Class |
|
|
|
|
|
|
|
A |
A |
TA International Focus - Service Class |
|
|
|
|
|
|
|
A |
A |
TA Janus Balanced - Service Class |
|
|
|
|
|
|
A |
A |
B |
TA Janus Mid-Cap Growth - Service
Class |
|
|
|
|
|
|
|
A |
A |
TA JPMorgan Asset Allocation -
Conservative - Service Class(2) |
√ |
√ |
√ |
√ |
√ |
√ |
C |
A |
B |
TA JPMorgan Asset Allocation - Growth
- Service Class |
|
|
|
|
|
|
|
A |
A |
TA JPMorgan Asset Allocation -
Moderate - Service Class(2) |
√ |
√ |
√ |
|
√ |
√ |
B |
A |
B |
|
Double
Enhanced
Death
Benefit(1) |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Max® Rider |
Retirement
Income
Choice® 1.6 Rider |
Retirement
Income
Choice® 1.6 Rider |
Retirement
Income
Choice® 1.6 Rider |
Subaccounts |
|
Before
12/12/11 |
12/12/11 to
11/9/14 |
11/10/14 to
1/31/18 |
2/1/18 to
4/30/20 |
Post
5/1/20 |
Before
2/28/19 |
3/1/19 to
8/31/2020 |
9/1/2020
and After
Group
A, B or C |
TA JPMorgan Asset Allocation -
Moderate Growth - Service Class(2) |
√ |
|
|
|
|
|
A |
A |
B |
TA JPMorgan Enhanced Index - Service
Class |
|
|
|
|
|
|
|
A |
A |
TA JPMorgan International Moderate
Growth - Service Class(2) |
√ |
|
|
|
|
|
A |
A |
B |
TA JPMorgan Tactical Allocation -
Service Class |
|
√ |
√ |
√ |
√ |
√ |
C |
A |
B |
TA Madison Diversified Income -
Service Class |
|
√ |
√ |
√ |
√ |
√ |
B |
A |
B |
TA Market Participation Strategy -
Service Class |
|
√ |
√ |
|
|
|
|
A |
B |
TA Morgan Stanley Global Allocation -
Service Class |
|
|
|
|
|
|
A |
A |
B |
TA Morgan Stanley Global Allocation
Managed Risk - Balanced - Service
Class(2) |
√ |
√ |
√ |
|
√ |
|
B |
A |
B |
TA MSCI EAFE Index - Service Class |
√ |
|
|
|
|
|
|
A |
A |
TA Multi-Managed Balanced - Service
Class |
√ |
|
|
|
|
|
A |
A |
B |
TA PineBridge Inflation Opportunities -
Service Class |
|
√ |
√ |
√ |
√ |
√ |
C |
A |
C |
TA S&P 500 Index - Service Class |
√ |
|
|
|
|
|
|
A |
A |
TA Small Mid Cap Value - Service Class |
|
|
|
|
|
|
|
A |
A |
TA T. Rowe Price Small Cap - Service
Class |
|
|
|
|
|
|
|
A |
A |
TA TS&W International Equity -
Service Class |
|
|
|
|
|
|
|
A |
A |
TA TS&W Mid Cap Value
Opportunities - Service Class |
|
|
|
|
|
|
|
A |
A |
TA WMC US Growth - Service Class |
|
|
|
|
|
|
|
A |
A |
Fixed Account |
√ |
√ |
√ |
√ |
√ |
√ |
C |
A |
C |
|
|
Approximate First Issue Date |
Policy Form Number |
AV1025 101 178 903 |
May 2006 |
Policy Endorsement Form Number |
AE 1225 604 (ROP) |
July 2006 |
AE 1229 1004 |
May 2006 | |
AE 1288 0608 |
June 2008 |
Product Feature |
AxiomSM Form Number:
AV1025 101 178 903 |
AxiomSM 2008 Form Number:
AV1025 101 178 903 |
Death Proceeds |
Greatest of:
1)policy value 2)cash value
3)guaranteed minimum death benefit. |
Greatest of:
1)policy value 2)cash value
3)guaranteed minimum death benefit. |
Guaranteed Minimum Death Benefit Option(s) |
A.Return of Premium Death Benefit (RGMD 8 0603) B.Modal Step Up Death Benefit (RGMD 5 0103)
Option A is available if owner and annuitant are age
90 or younger. Option B is available if owner and
annuitant are age 75 or younger. |
A.Return of Premium Death Benefit (RGMD 8 0603) B.Modal Step Up Death Benefit (RGMD 5 0103)
C.Double Enhanced Death Benefit (RGMD 15 0108) For riders issued on or after December 12, 2011. Option A is available is owner and annuitant are age 86 or younger. For riders issued prior to December 12, 2011. Option A is available if owner and annuitant are age 90 or younger. Option B and Option C are available if owner and annuitant are age 75 or younger. |
Double Enhanced Death Benefit Designated Funds
Requiring that you designate 100% of your policy
value to the designated investment options, some of
which employ strategies that are intended to reduce
the risk of loss and/or manage volatility, may reduce
investment returns and may reduce the likelihood
that we will be required to use our own assets to pay
amounts due under this benefit. |
N/A |
●AB Balanced Hedged Allocation Portfolio - Class
B ●American Funds - Asset Allocation FundSM - Class
2 ●American Funds - The Bond Fund of
AmericaSM -
Class 2 ●Fidelity® VIP Balanced Portfolio - Service Class 2 ●Franklin Allocation VIP Fund - Class 4 ●State Street Total Return V.I.S. Fund - Class 3 ●TA Aegon Bond - Service Class ●TA Aegon U.S. Government Securities - Service Class ●TA American Funds Managed Risk - Balanced -
Service Class ●TA BlackRock Government Money Market - Service Class ●TA BlackRock iShares Active Asset Allocation -
Conservative - Service Class ●TA BlackRock iShares Edge 40- Service Class ●TA BlackRock iShares Edge 50 - Service Class ●TA BlackRock iShares Edge 75 - Service Class ●TA BlackRock iShares Edge 100 - Service Class |
Product Feature |
AxiomSM Form Number:
AV1025 101 178 903 |
AxiomSM 2008 Form Number:
AV1025 101 178 903 |
|
|
●TA Goldman Sachs Managed Risk - Balanced ETF - Service Class ●TA Goldman Sachs Managed Risk - Conservative ETF - Service Class ●TA Goldman Sachs Managed Risk - Growth ETF - Service Class ●TA JPMorgan Asset Allocation - Conservative - Service Class ●TA JPMorgan Asset Allocation - Moderate Growth - Service Class ●TA JPMorgan Asset Allocation - Moderate - Service Class ●TA JPMorgan International Moderate Growth - Service Class ●TA MSCI EAFE Index - Service Class ●TA Multi-Managed Balanced - Service Class ●TA S&P 500 Index - Service Class |
Mortality & Expense Risk Fee and Administrative
Charge prior to Annuity Commencement Date |
●1.00% for Policy Value ●1.15 for Return of Premium Add an additional 0.20% with election of optional Access Rider. |
●1.00% for Policy Value ●1.15% for Return of Premium ●1.35% for Annual Step-Up ●1.80% for Double Enhanced Add an additional 0.20% with election of optional Access Rider. |
Is Mortality & Expense Risk Fee and Administrative
Charge different after the annuity commencement
date? |
Yes - 1.25% |
Yes - 1.25% |
Fund Facilitation Fee |
Yes - ●0.30% if you choose American Funds - Asset
Allocation Fund, American Funds - Growth Fund,
American Funds - Growth-Income Fund,
American Funds - International Fund or American
Funds – The Bond Fund of America. ●0.20% if you choose AB Balanced Hedged
Allocation Portfolio or State Street Total Return
V.I. S. Fund. ●0.15% if you choose Franklin Allocation VIP
Fund. ●0.10% if you choose TA Morgan Stanley Global
Allocation. |
Yes - ●0.30% if you choose American Funds - Asset
Allocation Fund, American Funds - Growth Fund,
American Funds - Growth-Income Fund,
American Funds - International Fund or American
Funds – The Bond Fund of America. ●0.20% if you choose AB Balanced Hedged
Allocation Portfolio or State Street Total Return
V.I.S. Fund. ●0.15% if you choose Franklin Allocation VIP
Fund, TA MSCI EAFE Index or TA S&P 500
Index. ●0.10% if you choose TA Morgan Stanley Global
Allocation. |
Guaranteed Period Options (available in the fixed
account) |
1, 3, 5, and 7 year guaranteed periods available. |
1, 3, 5, and 7 year guaranteed periods available. |
Annual Contract Charge (Service Charge) |
If policy value is:
$0-$1,750 = 2%
$1,751-$49,999.99 = $35
+ $49,999.99 = $0 |
If policy value is:
$0-$1,750 = 2%
$1,751-$49,999.99 = $35
+ $49,999.99 = $0 |
Optional Riders |
●Access Rider ●Living Benefit Rider 2005 ●Retirement Income
Choice® ●Retirement Income Choice® 2008 (with Double Withdrawal Base Benefit) |
●Access Rider ●Living Benefit Rider 2005 ●Retirement Income
Choice® ●Retirement Income Choice® 2008 (with Double Withdrawal Base Benefit) |
Product Feature |
AxiomSM Form Number:
AV1025 101 178 903 |
AxiomSM 2008 Form Number:
AV1025 101 178 903 |
|
●Retirement Income Choice®1.2 ●Retirement Income Choice®1.4 ●Retirement Income
Max® ●Additional Death Distribution+ ●Additional Death Distribution 2003 |
●Retirement Income Choice®1.2 ●Retirement Income Choice®1.4 ●Retirement Income Choice®1.6 ●Income LinkSM ●Retirement Income
Max® ●Additional Death Distribution+ ●Additional Death Distribution 2003 |
Excess Interest Adjustment |
Yes |
Yes |
Asset Rebalancing Option |
Yes |
Yes |
Dollar Cost Averaging Option |
Yes |
Yes |
Nursing Care and Terminal Condition Withdrawal
Option |
Yes |
Yes |
Unemployment Waiver |
Yes |
Yes |
Surrender Charge Free Amount Limited to a Certain
Number of Withdrawals |
Yes - We reserve the right to limit to one per year. |
Yes - We reserve the right to limit to one per year. |
S* (G-C)* (M/12) | ||
S |
= |
Gross amount being surrendered that is subject to the Excess Interest Adjustment |
G |
= |
Guaranteed interest rate in effect for the Policy |
M |
= |
Number of months remaining in the current option period, rounded up to the next
higher whole number of months. |
C |
= |
Current guaranteed interest rate then being offered on new premiums for the next
longer option period than “M”. If this policy form or such an option period is no
longer offered, “C” will be the U.S. Treasury rate for the next longer maturity
(in whole years) than “M” on the 25th day of the previous calendar month, plus up to
2% (the amount of the “adjustment” will be based on an actuarial risk based analysis
considering a number of financial criteria including the
prevailing interest rate environment). |
* |
= |
multiplication |
Policy Value at middle of Policy Year 2 |
= 50,000.00 * (1.055) ^ 1.5 = 54,181.21 |
Cumulative earnings |
= 54,181.21 – 50,000.00 = 4,181.21 |
Amount free of Excess Interest Adjustment |
= 4,181.21 |
Amount subject to Excess Interest Adjustment |
= 54,181.21 – 4,181.21 = 50,000.00 |
Excess Interest Adjustment floor |
= 50,000.00 * (1.015) ^ 1.5 = 51,129.21 |
Excess Interest Adjustment S*(G-C)*(M/12) where: |
G = .055
C = .085
M = 42
= 50,000.00 * (0.055 - 0.085) * (42/12) |
|
= -5,250.00, but Excess Interest Adjustment cannot cause the
Adjusted Policy Value to fall below the Excess Interest
Adjustment floor, so the adjustment is limited to
51,129.21 - 54,181.21 = -3,052.00 |
Adjusted Policy Value = Policy Value + Excess Interest
Adjustment |
= 54,181.21 + (-3,052.00) = 51,129.21 |
Policy Value at middle of Policy Year 2 |
= 50,000.00 * (1.055) ^ 1.5 = 54,181.21 |
Cumulative earnings |
= 54,181.21 – 50,000.00 = 4,181.21 |
Amount free of Excess Interest Adjustment |
= 4,181.21 |
Amount subject to Excess Interest Adjustment |
= 54,181.21 – 4,181.21 = 50,000.00 |
Excess Interest Adjustment floor |
= 50,000.00 * (1.015) ^ 1.5 = 51,129.21 |
Excess Interest Adjustment S* (G-C)* (M/12) where: |
G = .055
C = .045
M = 42
= 50,000.00 * (.055-.045) * (42/12) = 1,750.00 |
Adjusted Policy Value |
= 54,181.21 + 1,750.00 = 55,931.21 |
R - E + SC | ||
R |
= |
the requested withdrawal; |
E |
= |
the Excess Interest Adjustment; and |
SC |
= |
the Surrender Charges on (EPW - E): where |
EPW |
= |
the excess partial withdrawal amount. |
Policy Value at middle of Policy Year 2 |
= 50,000.00 * (1.055) ^ 1.5 = 54,181.21 |
Cumulative earnings |
= 54,181.21 – 50,000.00 = 4,181.21 |
Amount free of Excess Interest Adjustment |
= 4,181.21 |
Excess Interest Adjustment S*(G-C)*(M/12) where: |
S = 20,000 – 4,181.21 = 15,818.79
G = .055
C = .065
M = 42
= 15,818.79 * (.055 - .065) * (42/12) = -553.66 |
Remaining Policy Value at middle of Policy Year 2 |
= 54,181.21 - (R - E + Surrender Charge)
= 54,181.21 - (20,000.00 - (-553.66) + 0.00) = 33,627.55
|
Policy Value at middle of Policy Year 2 |
= 50,000.00 * (1.055) ^ 1.5 = 54,181.21 |
Cumulative earnings |
= 54,181.21 – 50,000.00 = 4,181.21 |
Amount free of Excess Interest Adjustment |
= 4,181.21 |
Excess Interest Adjustment S*(G-C)*(M/12) where: |
S = 20,000 – 4,181.21 = 15,818.79
G = .055
C = .045
M = 42
= 15,818.79 * (.055 - .045)* (42/12) = 553.66 |
Remaining Policy Value at middle of Policy Year 2 |
= 54,181.21 - (R - E + Surrender Charge)
= 54,181.21 - (20,000.00 – 553.66 + 0.00) = 34,734.87 |
Reduction in guaranteed minimum death benefit |
=$23,241 |
Reduction in Policy Value |
=$15,494 |
New guaranteed minimum death benefit amount |
=$51,759 |
New Policy Value (after withdrawal) |
=$34,506 |
Reduction in guaranteed minimum death benefit |
=$15,494 |
Reduction in Policy Value |
=$15,494 |
New guaranteed minimum death benefit amount |
=$34,506 |
New Policy Value (after withdrawal) |
=$59,506 |
End of Year |
Net Rate of Return* |
Policy Value (No GMDB
Elected) |
Policy Value (Return of
Premium GMDB Elected) |
Return of Premium
GMDB |
Policy Value (Annual Step-Up
GMDB Elected) |
Annual Step-Up
GMDB |
Issue |
N/A |
$100,000 |
$100,000 |
$100,000 |
$100,000 |
$100,000 |
1 |
-4% |
$94,850 |
$94,700 |
$100,000 |
$94,500 |
$100,000 |
2 |
18% |
$110,832 |
$110,515 |
$100,000 |
$110,093 |
$110,093 |
3 |
15% |
$126,182 |
$125,655 |
$100,000 |
$124,955 |
$124,955 |
4 |
-7% |
$115,899 |
$115,226 |
$100,000 |
$114,334 |
$124,955 |
5 |
2% |
$116,884 |
$116,033 |
$100,000 |
$114,905 |
$124,955 |
6 |
10% |
$127,228 |
$126,127 |
$100,000 |
$124,672 |
$124,955 |
7 |
14% |
$143,577 |
$142,146 |
$100,000 |
$140,257 |
$140,257 |
8 |
-3% |
$137,618 |
$136,033 |
$100,000 |
$133,945 |
$140,257 |
9 |
17% |
$159,431 |
$157,391 |
$100,000 |
$154,706 |
$154,706 |
10 |
6% |
$167,163 |
$164,788 |
$100,000 |
$161,668 |
$161,668 |
Rider earnings on date of surrender (Policy Value on date of surrender
– Policy Value on rider date – premiums paid
after rider date + surrenders since rider date that exceeded rider
earnings = $150,000 - $100,000 - $25,000 + 0): |
$25,000 |
Amount of surrender that exceeds rider earnings ($30,000 -
$25,000): |
$5,000 |
Base Policy death benefit (assumed) on the date of death benefit
calculation: |
$200,000 |
Policy Value on the date of death benefit calculations:
|
$175,000 |
Rider earnings (= Policy Value on date of death benefit calculations
– Policy Value on rider date – premiums since
rider date + surrenders since rider date that exceeded rider earnings =
$175,000 - $100,000 - $25,000 + $5,000): |
$55,000 |
Additional death benefit amount (= additional death benefit factor * rider
earnings = 40%* $55,000): |
$22,000 |
Total death benefit paid (= base Policy death benefit plus additional
death benefit amount): |
$222,000 |
Rider earnings (= Policy Value on date of death benefit calculations
– Policy Value on rider date – premiums since
rider date + surrenders since rider date that exceeded rider earnings =
$75,000 - $100,000 - $0 + $0): |
$0 |
Additional death benefit amount (= additional death benefit factor * rider
earnings = 40%* $0): |
$0 |
Total death benefit paid (= base Policy death benefit plus additional
death benefit amount): |
$100,000 |
Rider fee on second rider anniversary (= rider fee * Policy Value = 0.55%
* $95,000) |
$522.50 |
Additional death benefit during 3rd rider year (= sum of total rider fees
paid = $605 + $522.50) |
$1,127.50 |
Rider benefit base in 3rd rider year prior to premium addition (= account
value less premiums added since rider date = $115,000
– $0) |
$115,000.00 |
Rider benefit base in 3rd rider year after premium addition (= $140,000 -
$25,000) |
$115,000.00 |
Rider benefit base in 4th rider year prior to withdrawal (= account value
less premiums added since rider date = $145,000 -
$25,000) |
$120,000.00 |
Rider benefit base in 4th rider year after withdrawal = (account value
less premiums added since rider date =$110,000 -
$25,000) |
$85,000.00 |
Rider benefit base in 5th rider year (= $130,000 - $25,000)
|
$105,000.00 |
Additional death benefit = rider benefit percentage * rider benefit base =
30% * $105,000 |
$31,500.00 |
Total Death Proceeds in 5th rider year (= base Policy Death Proceeds +
additional death benefit amount = $145,000 +
$31,500) |
$176,500.00 |
Rider Year |
Hypothetical Policy Value |
Subsequent Premium
Payment |
Withdrawal |
Excess WB Adjustment |
Growth Amount* |
High MonthiversarySM
Value |
Withdrawal Base |
Rider Withdrawal
Amount |
|
$100,000 |
$ |
$ |
$ |
$ |
$100,000 |
$100,000 |
$6,300 |
1 |
$102,000 |
$ |
$ |
$ |
$ |
$102,000 |
$100,000 |
$6,300 |
1 |
$105,060 |
$ |
$ |
$ |
$ |
$105,060 |
$100,000 |
$6,300 |
1 |
$107,161 |
$ |
$ |
$ |
$ |
$107,161 |
$100,000 |
$6,300 |
1 |
$110,376 |
$ |
$ |
$ |
$ |
$110,376 |
$100,000 |
$6,300 |
1 |
$112,584 |
$ |
$ |
$ |
$ |
$112,584 |
$100,000 |
$6,300 |
1 |
$115,961 |
$ |
$ |
$ |
$ |
$115,961 |
$100,000 |
$6,300 |
1 |
$118,280 |
$ |
$ |
$ |
$ |
$118,280 |
$100,000 |
$6,300 |
1 |
$121,829 |
$ |
$ |
$ |
$ |
$121,829 |
$100,000 |
$6,300 |
1 |
$124,265 |
$ |
$ |
$ |
$ |
$124,265 |
$100,000 |
$6,300 |
1 |
$120,537 |
$ |
$ |
$ |
$ |
$124,265 |
$100,000 |
$6,300 |
1 |
$115,716 |
$ |
$ |
$ |
$ |
$124,265 |
$100,000 |
$6,300 |
1 |
$109,930 |
$ |
$ |
$ |
$105,000 |
$124,265 |
$124,2651 |
$7,829 |
2 |
$112,129 |
$ |
$ |
$ |
$ |
$112,129 |
$124,265 |
$7,829 |
2 |
$115,492 |
$ |
$ |
$ |
$ |
$115,492 |
$124,265 |
$7,829 |
2 |
$117,802 |
$ |
$ |
$ |
$ |
$117,802 |
$124,265 |
$7,829 |
2 |
$121,336 |
$ |
$ |
$ |
$ |
$121,336 |
$124,265 |
$7,829 |
2 |
$124,976 |
$ |
$ |
$ |
$ |
$124,976 |
$124,265 |
$7,829 |
2 |
$177,476 |
$50,000 |
$ |
$ |
$ |
$177,476 |
$174,265 |
$10,979 |
2 |
$175,701 |
$ |
$ |
$ |
$ |
$177,476 |
$174,265 |
$10,979 |
2 |
$172,187 |
$ |
$ |
$ |
$ |
$177,476 |
$174,265 |
$10,979 |
2 |
$167,022 |
$ |
$ |
$ |
$ |
$177,476 |
$174,265 |
$10,979 |
2 |
$163,681 |
$ |
$ |
$ |
$ |
$177,476 |
$174,265 |
$10,979 |
2 |
$166,955 |
$ |
$ |
$ |
$ |
$177,476 |
$174,265 |
$10,979 |
2 |
$170,294 |
$ |
$ |
$ |
$182,979 |
$177,476 |
$182,9792 |
$11,528 |
3 |
$166,888 |
$ |
$ |
$ |
$ |
$166,888 |
$182,979 |
$11,528 |
3 |
$171,895 |
$ |
$ |
$ |
$ |
$171,895 |
$182,979 |
$11,528 |
3 |
$173,614 |
$ |
$ |
$ |
$ |
$173,614 |
$182,979 |
$11,528 |
3 |
$178,822 |
$ |
$ |
$ |
$ |
$178,822 |
$182,979 |
$11,528 |
3 |
$175,246 |
$ |
$ |
$ |
$ |
$178,822 |
$182,979 |
$11,528 |
3 |
$151,741 |
$ |
$20,000 |
$9,676 |
$ |
$ |
$173,303 |
$ |
3 |
$154,775 |
$ |
$ |
$ |
$ |
$ |
$173,303 |
$ |
3 |
$159,419 |
$ |
$ |
$ |
$ |
$ |
$173,303 |
$ |
3 |
$161,013 |
$ |
$ |
$ |
$ |
$ |
$173,303 |
$ |
3 |
$165,843 |
$ |
$ |
$ |
$ |
$ |
$173,303 |
$ |
3 |
$174,135 |
$ |
$ |
$ |
$ |
$ |
$173,303 |
$ |
Rider Year |
Hypothetical Policy Value |
Subsequent Premium
Payment |
Withdrawal |
Excess WB Adjustment |
Growth Amount* |
High MonthiversarySM
Value |
Withdrawal Base |
Rider Withdrawal
Amount |
3 |
$181,101 |
$ |
$ |
$ |
$ |
$ |
$181,1011 |
$11,409 |