Beacon Data Entry

Basic Info

CUSIP NUMBER *

CUSIP NAME *

INCEPTION DATE *

CLOSE DATE

CUSIP NOTE

SCRAP BOOK

The Lantern Retirement Advantage is a Flexible Premium Deferred Annuity with a Market Value Adjustment. The minimum initial contribution is $4,000 Qualified (varies based on qualified plan) and $5,000 Non-Qualified. Additional payments can be made for a minimum of $100. There is an annual 10% free withdrawal of accumulated value. Withdrawal of interest earnings is available. Systematic Withdrawal is an option. Surrender charges vary based on rate term chosen and are waived in the event of death.  There is a 30-day window prior to the end of any guarantee period in which all or part of the accumulated value may be withdrawn.  Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty.  Early surrender charges may also apply.  Guarantees based on claims paying ability of insurer.  Products / features may not be available in all states.  This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.

Contributions & Waivers

Transfers & Bonuses

TRANSACTION TRANSFERS

Transaction #174

SYSTEMATIC TRANSFERS

No Systematic Transfers available.

BONUSES

No Bonuses available.

Features & Benefits

FEATURES

No Features available.

COMBINE BENEFITS

No Combine Benefits available.

GUARANTEES

Guarantee #180

Investments

SETTLEMENTS

FIXED ACCOUNTS

No Fixed Accounts available.

INDEXED ACCOUNTS

No Indexed Accounts available.

Riders & Models

ALLOCATION MODELS

No Allocation Models available.

LBR RIDERS

No LBR Riders available.

DBR RIDERS

No DBR Riders available.

Charges

INITIAL SALES

Initial Sale #178

M&E CHARGES

No M&E Charges available.

SURRENDER CHARGES

Surrender #238

Surrender #239

Plans & Other

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Achiever

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