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Specialty |
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International
Equity |
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Small/Mid
Cap Growth |
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Small/Mid
Cap Value |
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Large-Cap
Growth |
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Large-Cap
Value |
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Profile
Portfolios |
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Fixed
Income |
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Money
Market |
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Interest Rate
Options |
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1-Year Fixed-Rate Interest Option5 |
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6-Month and 12-Month Dollar Cost Averaging5
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| Too many choices?
Keep it simple by choosing one of our professionally managed Profile
Portfolios, which provides an appropriate asset allocation
in line with four distinct investor profiles. |
Asset allocation is the process of applying the objectives of different
investments to your specific goals. By spreading your holdings among a
variety of industries, companies and investment types, you reduce the
risk to your portfolio from any single investment, and place your assets
where they can benefit from a broad range of investment options. Independent
research has shown that asset allocation is the major factor determining
portfolio performance.*
The investment options of Annuity One are designed to facilitate asset
allocation for a broad variety of investment goals. We recommend that
you develop your asset allocation in consultation with your financial
professional. A financial professional will ask probing questions to find
out what's really important to you, to help identify your goals, understand
your tolerance for risk, and help you choose the appropriate investments.
Annuity One's Profile Portfolios are constructed and managed
by investment professionals to provide an appropriate asset allocation
in line with four distinct investor profiles.
All you need to do is answer a brief series of questions, with the help
of your financial professional, and a predetermined allocation will be
recommended for you. With a single decision, you can feel confident that
you've charted a responsible course for your financial future.
Annuity One offers you more than the potential for growth. We'll
help you increase your investment with a bonus option. Annuity One's bonus
option is a great way to jumpstart your retirement savings. For purchase
payments of $250,000 or more, we'll credit the contract with a 5% bonus. Purchase
payments of less than $250,000 will receive a 4% bonus. Please refer to the
prospectus for complete information, as certain restrictions apply. If you're
investing for the long-term, the power of tax-deferred compounding has the
potential to turn even a small bonus payment into a significant amount over time.
Choosing the bonus option will increase the percentage of the surrender charge on
each payment. You will also be ineligible for special dollar-cost-averaging
rates and one-year fixed-rate interest option.
When you purchase your Strategic Partners Annuity One contract, you receive
a feature that offers additional protection for your spouse. With Enhanced
Spousal Continuance you can pass on your Annuity One contract to your spouse
if he or she is designated as the sole beneficiary. This means your spouse
can take advantage of not only tax-deferred growth, but all the benefits
unique to variable annuities. If continuance is elected, the contract value is
stepped-up to the amount that otherwise would be paid out upon your death. For
example, assuming the value of your contract is $100,000, but the death benefit
payable is $120,000, the contract value would be stepped-up to $120,000 for
the surviving spouse. There are no additional surrender charges, unless the
surviving spouse (as the new contract owner) makes an additional purchase payment.
Not sure that this is the right time to invest? Annuity One helps
you ease into the market with a choice of 6- and 12-month dollar cost
averaging fixed-rate options.
You'll earn an attractive rate on your purchase payments while moving
a portion of your assets into your choice of variable options each month.
Selecting this option can reduce the impact of market volatility on your
payments. You can choose dollar cost averaging for both initial and subsequent
payments. (Dollar cost averaging does not ensure a profit or protect against
a loss in declining markets. You must consider your ability to continue
payments in a declining market.)
Example: You invest
$12,000 in Annuity One's 6-month dollar cost averaging
program. On the contract issue date, one-sixth ($2,000) is transferred
into the variable investment option of your choice. You'll earn the
special guaranteed rate on the remaining $10,000. The guaranteed rate
is then paid on the declining balance.
Subsequent transfers will be made on the monthly anniversary date.
The final transfer will be made on the 6th month anniversary
date and will include the remaining one-sixth, plus all interest
earned during the dollar cost averaging period, unless there was
a withdrawal during that period.
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The bonus option is not available if you choose the enhanced dollar cost
averaging programs.
4
Annuity One provides a layer of safety for your family in the event
of your death. Your beneficiaries never get less than what you paid for
your annuity, proportionally reduced by withdrawals-even if your
contract value declines. The base death benefit guarantees that your beneficiaries
will receive either your current contract value or the combined value
of your purchase payments (proportionally reduced by withdrawals), whichever
is greater.
For even more protection, you can choose among several enhanced death
benefit options for your beneficiaries, at an additional charge. For more
information on charges, refer to the prospectus.
- 5% roll-up* protects against downturns in the market by paying
your beneficiaries the greater of your contract value or the total of
your purchase payments increased by 5% each year, subject to a 200%
lifetime cap. (Not available in NY or WA.)#
- Annual step-up* locks in investment gains in a rising market
each contract anniversary. Your beneficiaries will receive the greater
of your current contract value or the highest "step-up" value at any contract anniversary, plus any additional payments.#
- Combined roll-up and step-up offers the most protection by
combining the features of minimum annual increases with the opportunity
to lock in investment gains each year.
- Earnings Appreciator Option: If chosen, may provide an additional
payment that can be used by your beneficiaries to defray final expenses
or the state and federal taxes that may apply to any death benefit.
Not available in all states.
4
Annuity One can help you retire with confidence by locking in a
guaranteed level of income that will last the rest of your life. The Guaranteed
Minimum Income Benefit, available at additional cost, lets you take
advantage of investment gains in a rising market, while protecting you
from losses in a declining market. Your income will be based on the greater
of:
- The total of your purchase payments (proportionally reduced by withdrawals)
increased annually at 5%, subject to a 200% lifetime cap, or
- The value of your account at the time you start taking income from
your annuity, less unvested bonus amounts, if any.
Withdrawals are subject to a withdrawal charge in the first seven years
of your contract. In each contract year the withdrawal charge-free amount equals
10% of gross purchase payments. Withdrawals made during the accumulation phase are
treated first as a taxable distribution of gain. Withdrawals made prior
to age 59½ may be subject to a 10% federal income tax penalty.
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