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USAA Life Insurance Company
SPDA - II
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COMPANY
USAA Life Insurance Company
GROUP
USAA
TYPE
Fixed Annuity
INCEPTION
Jan 01, 1998
‹
Details
Death Benefits
Riders
Age
Contribution
Bonuses
Charges
CUSIP
Waivers
Withdrawals
Transactions
Systematic Transfers
Features
Combine Benefits
Guarantee
Settlements
Allocation Model
Investment Requirement
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CUSIP Basic Info
CUSIP Number *
CUSIP Name *
Inception Date *
Close Date
CUSIP Note
Scrap Book
The Nationwide Secure Growth Direct is a Single Premium Deferred Fixed Annuity with an optional market value adjustment. The initial minimum contribution is $10,000 qualified and non-qualified. There is an annual 10% non-cumulative free withdrawal of accumulated value. Systematic withdrawals are an option. The surrender charge schedule varies by rate term and is waived in the event of annuitization, death, diagnosis of a terminal illness or nursing home confinement. Free look is 10 days (thirty days if the Contract is a replacement). There is an optional return of premium available in which the contract owner will receive a return principal upon full surrender of the contract, less previous withdrawals and applicable state premium taxes; electing this option reduces the interest rate credited to the purchase payment. The Return of Purchase Payment option is not available if a Market Value Adjustment is elected. Currently the applicable nonforfeiture rate is 2.55%. Withdrawals may be subject to Federal/State income tax, and if taken prior to age 59 1/2, a 10% Federal Penalty tax. Guarantees based on claims paying ability of insurer. This is an annuity contract issued by an insurance company and not securities or bank products protected by the FDIC.
Contribution / Waiver / Withdrawal
Contributions
Contributions
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Contribution #254
Waivers
Waivers
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Waiver #681
Withdrawals
Withdrawals
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Transaction Transfers
Transaction Transfers
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Transaction #242
Systematic Transfers
Systematic Transfers
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No Systematic Transfers available for this product.
Bonuses
Bonuses
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Features
Features
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No Features available for this product.
Combine Benefits
Combine Benefits
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No Combine Benefits available for this product.
Guarantees
Guarantees
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Guarantee #253
Settlements
Settlements
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Fixed Accounts
Fixed Accounts
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No Fixed Accounts available for this product.
Indexed Accounts
Indexed Accounts
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No Indexed Accounts available for this product.
Allocation Models
Allocation Models
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No Allocation Models available for this product.
LBR Riders
No LBR Riders available for this product.
DBR Riders
No DBR Riders available for this product.
Charge Initial Sales
Charge Initial Sales
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Initial Sale #251
M&E Charges
M&E Charges
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No M&E Charges available for this product.
Surrender Charges
Surrender Charges
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Surrender #311
Age
Age
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Product Plans
Product Plans
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401 (a)
401 (k)
403 (b)
IRA
IRA Rollover
IRA Transfer
Others
SEP IRA
Spousal IRA
Charges
Charges
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Charge #242
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