Beacon Data Entry
Variable Annuity Products

Advanced Outcomes Annuity

Status: Terminated
Product Type: Variable Annuity
Product Status: Approved
Version: 0
Inception Date: January 24, 2022
Closed Date: July 28, 2023
Last Modified: December 13, 2024 08:53
Description: 71 for Qualified Plan unless RMD Requirements are met. Subsequent Purchase Payments are not allowed after owner's and/or annuitant's attained age 86 for the contracts, after attained age 76 with ROPDB and after attained age 81 if 10-Year Account Value Buffer Benefit is elected.
Fee Based: No
Free Look: Yes
Plan Types: IRA, SEP IRA, Non-Qualified, Roth IRA
Premium Types: Flexible
States Available: AL, AK, AS, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VI, VA, WA, WV, WI, WY
States Exception:
Version Note:

Supplement for Change in Group name.; Changes in underlying fund options - Funds and strategies closure.; This supplement does not bring any material changes to the given contract data profile.; Changes in underlying fund options - Liquidation.; Product Closure; Changes in underlying fund options - Liquidation.

Scrap Book:

Updates in Investment options are to be made till Dec, 2022.

Death benefits

Name Internal name Sequence Inception date
Contract Value death benefit Contract Value death benefit 1 24 Jan 2022
Return of Purchase Payment Death Benefit Return of Purchase Payment Death Benefit 2 24 Jan 2022

Riders

Name Rider type Internal name Sequence Inception date
10-Year Account Value Buffer Benefit GMAB 10-Year Account Value Buffer Benefit 24 Jan 2022