Beacon Data Entry
Variable Annuity Products

American Eagle (Qualified)

Status: Active
Group:
Product Type: Fixed Annuity
Product Status: Draft
Version: 0
Inception Date: January 01, 1998
Closed Date: June 20, 2007
Last Modified:
Description: The American Eagle (Qualified) is a single premium deferred annuity. This policy accepts qualified money only. The minimum initial contribution is $2,000. Withdrawals are on an interest only basis and are allowed up to 10% of the policy accumulation value (some age restrictions apply). Surrender charges are eight years in length and are waived only in the event of death, admittance in to a hospital, or entrance into a nursing home.
Fee Based: No
Free Look: Yes
Plan Types: HR-10 (Keogh), 403 (b), IRA, IRA Rollover, IRA Transfer, SEP IRA, Others
Premium Types: Single
States Available: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, KS, KY, IN, LA, MA, MD, ME, MI, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OH, OK, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
States Exception: BERMUDA, GU, MN, NY, OR, PR, VI
Version Note:
Scrap Book: