CUSIP Number:
31578Q109
CUSIP Name:
10 year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
01 Apr 2014
Close Date:
CUSIP Note:
Scrap Book:
The Performance Pro is a flexible premium deferred indexed annuity. The minimum premium is $10,000 for qualified and non-qualified money ($2,000 per option). Additional contributions can be made for $2,000 or more. Each contract year, after the end of the first contract year, free partial withdrawals of up to 10% of the account value as of the prior anniversary. Surrender charges are ten years in duration may very by state and are waived in the event of death, entrance into a nursing home, diagnosis of a terminal illness or due to inability to perform certain activities of daily living. There is an optional Enhanced Guaranteed Minimum Withdrawal Benefit (EGMWB) Rider available for an additional cost which guarantees income payments for life. 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. 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:
22 Aug 2025 10:50