Advantage Platinum
Status:
Active
Group:
Voya
Company:
Voya Insurance And Annuity Company
Product Type:
Fixed Annuity
Product Status:
Draft
Version:
0
Inception Date:
November 02, 1997
Closed Date:
July 31, 2002
Last Modified:
November 21, 2024 00:00
Description:
The Advantage Platinum is Single Premium Deferred Annuity with a Market Value Adjustment and a 100% guarantee of principal (not available in PA). The minimum initial contribution is $5,000. Systematic withdrawal is available if the payment is at least $50 per month. During the first year interest earned can be withdrawn. After contract year one 10% of the accumulated value can be withdrawn. There are several surrender schedules based on rate term. Charges are waived in the event of Annuitization, Death, confinement to a Nursing Home or Hospital.
Fee Based:
No
Free Look:
Yes
Plan Types:
457 (b), 401 (k), HR-10 (Keogh), 403 (b), Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, Spousal IRA, Others
Premium Types:
Single
States Available:
AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, KS, KY, IN, LA, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, RI, SC, SD, TN, VA, WI, WV, WY
States Exception:
AL, BERMUDA, GU, MD, NJ, NY, OR, PA, PR, TX, UT, VI, VT, WA
Version Note:
Scrap Book: