4LATER Advantage

Benefit guarantees minimum level of future income regardless of investment performance of underlying investment options. Income base is not available to owner as a lump sum withdrawal or as a death benefit. Income base depends on when benefit is added to contract; if benefit is added at contract issue, benefit base equals initial purchase payments, if benefit is added after contract issue, benefit base equals contract value; increased by purchase payments made. After first rider anniversary, cumulative additional purchase payments will be limited to $100,000. On each benefit year anniversary, income base, will be increased by 5% if - 1) contract owner or annuitant is under age 86, 2) if there were no withdrawals in that year and 3) rider is in enhancement period. Enhancement period is a 10-year period begins on rider date. If during any enhancement period there are no automatic annual step-ups, 5% enhancements will terminate at the end of enhancement period and will not restart until next benefit year anniversary following benefit year anniversary upon which an automatic annual step-up occurs. Subsequent purchase payment must be invested in contract for at least 1 benefit year before calculating 5% enhancement. If owner decline the automatic annual step-up during the first 10 benefit years, owner will continue to be eligible for the 5% Enhancements through the end of current enhancement period. Maximum Benefit base can never be $10,000,000.