CUSIP Number:
31622Q154
CUSIP Name:
10-Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
12 Feb 2025
Close Date:
CUSIP Note:
Scrap Book:
The F&G 1-2-3 is a flexible premium deferred indexed annuity. The minimum premium is $10,000 for qualified and non-qualified money ($2,000 for year 2 only per). Each contract year, after the end of the first contract year, free partial withdrawals of up to 10% of the initial premium(for 2nd year 10% of account value) as of the prior anniversary. Surrender charges are ten years in duration for most states may vary by state and are waived in the event of death, entrance into a nursing home care , diagnosis of a terminal illness or due to inability to perform certain activities of daily living. There is an optional Lifetime Income Rider (âLIRâ) available as Anytime Income or Future Income Rider 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 not protected by the FDIC.
Last Modified:
21 May 2025 05:00