CUSIP Number:
91126P516
CUSIP Name:
10-Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
16 Jun 2025
Close Date:
CUSIP Note:
Scrap Book:
The Ultra Advantage FIA 10 Year is a single with additional premium deferred indexed annuity with a market value adjustment. The minimum premium is $10,000 for qualified and non-qualified money. Maximum 10% of the accumulated value may be withdrawn annually after the first contract year without incurrence of any withdrawal charge or market value adjustments. Surrender charges are 10 years in duration and are waived in the event of death, entrance into a nursing home, hospital, unemployment, disability, diagnosis of a terminal illness, death of a spouse or minor dependent, damage to residence or transplant surgery. 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:
30 Jun 2025 08:13