CUSIP Number:
468495544
CUSIP Name:
1-year
Product Policy Type:
Fixed Annuity
Inception Date:
Close Date:
CUSIP Note:
Scrap Book:
The Super MAX is a Flexible Premium Deferred Annuity. The initial minimum contribution is $2,000 qualified and $5,000 non-qualified. 15% of the contract value may be withdrawn in any policy year. Systematic withdrawals are an option. Surrender charges are nine years in duration (9,8,7,6,5,4,3,2,1) and are waived in the event of death, entrance into a hospital or nursing home, diagnosis of a terminal illness, or serious illness (as defined by the Company). There is an optional death benefit rider available at the time of issue. 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. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not securities or bank products protected by the FDIC.
Last Modified:
27 Oct 2023 17:16