Income Advantage Payments

The Income Advantage Account Value provides guaranteed lifetime withdrawals through Income Advantage Payments and also provides a guaranteed Income Advantage Death Benefit that is available to Beneficiary upon death. Income Advantage Payments can begin as early as age 65 or as late as age 90. Income Advantage Account is a protected account with fewer Investment Options that can be used for guaranteed lifetime withdrawals (called Income Advantage Payments), and a guaranteed death benefit.,Owner may elect to receive Income Advantage Payments monthly, quarterly, semi-annually, or annually. Each Income Advantage Payment owner receive is equal to the annual actual Income Advantage Payment divided by the number of payments owner chose to receive during the Benefit Year. The initial actual Income Advantage Payment must either be zero, or at least $100.