You can receive interest credits based on a portion of the increase of a financial market index, but are guaranteed to never lose money due to market loss.
In short, we credit you a portion of the upside, while protecting you from all market loss.
Some Market Participation. No Market Downside.
Here’s an example of how the S&P 500® Annual Point to Point Index Account with a 4.75% cap within Foundations can help protect and grow your account value (assuming contract purchase on December 31, 2000):
The example makes hypothetical assumptions, which are not a guarantee and do not reflect the interest that would be credited to your annuity. The values of the S&P 500® Index are actual values for the periods shown. The Foundations Annuity was not available until September 2012 and is not reflected in this example. The hypothetical interest calculations are based upon assumptions on the cap applied in computing Annual Point to Point Index Account interest credits. Different caps and different index crediting accounts may produce significantly different results. The hypothetical values assume no withdrawals and no additional Purchase Payments. All returns shown are cumulative and not on an annualized basis. Withdrawals are subject to ordinary income tax and if made before age 59½, may incur a 10% IRS penalty tax and may be subject to product-specific charges.
To learn more about all the crediting strategies within Foundations, read our product brochure (Not for use in Idaho).
Talk to your financial professional to see whether a Foundations Annuity can complement your retirement portfolio.