Beacon Data Entry

CUSIP Basic Info

CUSIP Number *

CUSIP Name *

Inception Date *

Close Date

CUSIP Note

Scrap Book

The Income Driver 7 is a Modified Single Premium deferred indexed annuity with a market value adjustment. The minimum single premium is $25,000 for qualified and non-qualified category. A maximum of 10% of the accumulation value can be withdrawn after the first policy year without any withdrawal charge or market value adjustments. Surrender charges are 7 years in duration and are waived in the event of death, confinement to a nursing home, or diagnosis of a terminal illness. The product has an add on Standard Guaranteed Lifetime Income Rider. This product provides an additional benefit of DCA account, with which the investor has an advantage to earn interest daily. 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.

Contribution / Waiver / Withdrawal

Transaction Transfers

No Transactions available for this product.

Systematic Transfers

No Systematic Transfers available for this product.

Bonuses

Premium Bonus

Allocation Models

No Allocation Models available for this product.

LBR Riders

Lifetime Income Benefit Rider with Wellbeing benefit

Lifetime Income Benefit Rider with Indexing Income

Lifetime Income Benefit Rider

DBR Riders

Basic Death Benefit

Charge Initial Sales

No Charge Initial Sales available for this product.

M&E Charges

No M&E Charges available for this product.

Surrender Charges

Surrender #3560

Surrender #3561

Surrender #3562

Surrender #3563

Retirement Gold

CUSIP Basic Info

Contribution / Waiver / Withdrawal