At a glance
Get appointed today to start offering Foundations Annuity - a safe, fixed income alternative for risk-averse clients seeking accumulation.
- Fixed Index Annuity with seven Index Accounts and a Fixed Account
- Participation in a portion of positive Index gains; protection from all market loss
- 1% Bonus on first-year Purchase Payments
- Preservation of Principal
- 10% Free Withdrawals1
For clients seeking safety, there may be better strategies than CDs and Bonds
With the protection of Foundations Annuity, clients could have higher potential accumulation than Fixed Income vehicles in a rising rate environment.
5-yr CDs are averaging 0.28%. And the 7-yr US Constant Treasury Maturity Rate at only 1.47% isn’t faring much better.2 Take a look at how the Foundations Annuity, a fixed index annuity, stacks up against today’s CDs and Bonds with similar durations:
Assumptions: Annual Average cap of 5.00%; Annual P2P cap of 4.75%; Monthly Sum cap of 1.90%; Low Vol Annual P2P spread is 1.50% with 100% participation rate; Low Vol 2-year Annual P2P spread is 0.50% with 100% participation rate. Factor Rotator Annual P2P spread is 0.00% with 57% participation rate; Factor Rotator 2-yr P2P spread is 0.00% with 77% participation rate. Performance of Low Vol 5% and Factor Rotator 7% Indices prior to their inception dates of August 31, 2011 and March 25, 2020, respectively, are simulated.
1After the first contract anniversary and during the surrender charge period, clients can withdraw up to 10% of Account Value, free of surrender charges or market value adjustments.
2Average 5-yr CD Rate: Bankrate.com, October 2021; 7-yr US Constant Treasury Maturity Rate: FRED, October 19, 2021.
GET APPOINTED TODAY SO YOU CAN START OFFERING YOUR CLIENTS A FIXED INCOME ALTERNATIVE
For more information (including financial professional fact sheets and resources), contact your dedicated Sales Team.
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