CUSIP Number:
92911R386
CUSIP Name:
8 Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
09 Mar 2015
Close Date:
CUSIP Note:
Scrap Book:
Voya Wealth Builder Plus is a flexible premium deferred fixed index annuity with a market value adjustment. The minimum initial contribution is $15,000 for qualified and non-qualified funds. Additional premium payments can be made for a minimum of $1,000. 5% charge free partial withdrawals are available beginning in the second policy year without surrender charges or a market value adjustment. Systematic Withdrawal is an option. There are eight years of surrender charges which vary by age and state and may be waived in the event of death, entrance into a nursing home or diagnosis of a terminal illness. Surrender Charges (%) 10,10,10,10,9,8,7,6. The Voya WealthBuilder Plus Minimum Guaranteed Withdrawal Benefit provides an optional guaranteed stream of payments for life. Withdrawals may result in federal income tax and an additional 10% IRS penalty tax prior to age 59.
Last Modified:
20 Sep 2023 07:26