CUSIP Number:
050930130
CUSIP Name:
9 Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
10 Jun 2024
Close Date:
CUSIP Note:
Scrap Book:
Orbiter Income 9 is a single premium deferred index annuity with a market value adjustment. This contract includes a 10 days freelook period, or 30 days if contract is issued as a replacement. The minimum single premium is $25,000 for qualified and non-qualified money. After the 1st contract year, Up to 10% of account value may be withdrawn without incurrence of any applicable surrender charges or MVA. Minimum contract size is increased to $5,000. Surrender charges are 9 years in duration which may be waived in the event of death. Guaranteed Accumulation Protection (GAP) and Equilibrium Plus GLWB are additional benefits included under the contract. 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.
Last Modified:
19 Feb 2026 11:07