Advantage Silver
Status:
Active
Group:
Voya
Company:
Voya Insurance And Annuity Company
Product Type:
Fixed Annuity
Product Status:
Draft
Version:
0
Inception Date:
January 05, 1995
Closed Date:
August 25, 1999
Last Modified:
November 11, 2024 00:00
Description:
The Advantage Silver is a Flexible Premium Deferred Annuity with a Market Value Adjustment. The minimum initial contribution is $2,000. Additional payments may be made for $200 Non-Qualified or $50 Qualified. 10% of the accumulated value may be withdrawn annually at no cost. Systematic withdrawal is available if the payment is at least $50 per month. Surrender charges are seven years in duration and 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:
Flexible
States Available:
AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, KS, KY, LA, MA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NM, NV, OH, OK, RI, SC, SD, TN, VA, WV, WY
States Exception:
AL, BERMUDA, GU, IN, MD, NJ, NY, OR, PA, PR, TX, UT, VI, VT, WA, WI
Version Note:
Scrap Book: