Beacon Data Entry

CUSIP Basic Info

CUSIP Number *

CUSIP Name *

Inception Date *

Close Date

CUSIP Note

Scrap Book

The Growth Driver 7 is a Modified Single Premium deferred indexed annuity with a market value adjustment. The minimum premium is $25,000 for both qualified and non-qualified contract. A maximum of 10% of the accumulation value can be withdrawn after the first policy year without incurrence of any withdrawal charge or market value adjustments.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. 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

No Bonuses available for this product.

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 #3960

American Equity AssetShield 5

CUSIP Basic Info

Contribution / Waiver / Withdrawal