Gain momentum on your course to retirement with Chartline Bonus.
Our fixed indexed annuity with an upfront premium bonus.
Upside potential meets principal protection.
A fixed indexed annuity (FIA) is designed to protect your principal while offering the potential to earn interest based on the performance of a market index, like the S&P 500®. If the index goes down, your contract value is protected from market losses because your money is not directly invested in stocks or the index itself.
When the Index is Up
Interest is credited to your contract value and protected from any future index declines.
When the Index is Down
Even when the market falls, the interest already credited to your annuity stays secure. Your contract value is not subject to losses during negative market periods.
Choices with
Chartline.
Allocate your premium among a lineup of Model Portfolios, index strategies, and a fixed strategy to customize your accumulation strategy.
Model Portfolios
Model Portfolios may be elected to diversify premium among multiple strategies. Funds may be reallocated in or out of a Model Portfolio at the end of each crediting term. Funds allocated to a Model Portfolio will automatically rebalance on each contract anniversary based on the initial model allocation percentages.
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15% S&P 500 with Cap
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15% Nasdaq-100 with Cap
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15% Dow Jones Industrial Average with Cap
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20% STOXX Europe 600 with Cap
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15% S&P 500 Daily Risk Control
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15% with Participation Rate
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20% NYSE Bonds and Commodities with Participation Rate
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40% S&P 500 with Cap
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30% Nasdaq-100 with Cap
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30% Dow Jones Industrial Average with Cap
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50% S&P 500 with Cap
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30% S&P 500 Daily Risk Control
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15% with Participation Rate
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20% NYSE Bonds and Commodities with Participation Rate
Individual Strategies
In addition to Model Portfolios, you may elect to allocate premium to individual strategies. These allocations can be used in conjunction with or without Model Portfolios. The total sum of allocations between Model Portfolios and individual strategies must equal 100%.
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15% S&P 500 with Cap
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15% Nasdaq-100 with Cap
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15% Dow Jones Industrial Average with Cap
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20% STOXX Europe 600 with Cap
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15% S&P 500 Daily Risk Control
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15% with Participation Rate
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20% NYSE Bonds and Commodities with Participation Rate
Get a headstart.
See contract growth from day one.
Chartline Bonus provides an upfront premium bonus that vests over the withdrawal charge period.
Premium Bonus
At issue, a Premium Bonus is applied to the contract value based on the age of the oldest owner and length of the withdrawal charge period. The bonus amount may earn interest over time based on the performance of the selected strategy(ies). During the withdrawal charge period, bonus recapture applies on any withdrawal exceeding the free withdrawal amount, and on annuitization. In the event of death, no bonus recapture applies.
Benefits of a
fixed index annuity.
Funds Protection
Premium allocations are fully protected from downside market risk.
Tax Deferral
Interest earnings grow on a tax-deferred basis, meaning funds aren’t taxable until they’re withdrawn or distributed from the annuity.1
Interest Growth
Interest is credited based on the performance of underlying indices, allowing for upside potential with no downside risk.
Liquidity
After the first contract anniversary, 10% of the contract value is available each year for withdrawal free of withdrawal charges or Market Value Adjustment (MVA).
Income
After the first contract anniversary, you may elect to convert the contract value to an income stream that’s guaranteed to last a lifetime.
Death Benefit
The annuity’s full contract value can be passed along to a beneficiary and avoid the time-consuming probate process.
RMD Friendly
All charges are waived on withdrawals in a contract year that do not exceed minimum distributions required by the IRS.
Premium Bonus
The contract value is credited with a premium bonus on the issue date that vests over the length of the withdrawal charge period.
1 Withdrawal of taxable amounts are subject to ordinary income tax. Withdrawals made before age 59 ½ may also be subject to a 10% federal income tax penalty. The IRS requires owners of IRAs to take a required minimum distribution (RMD) each year once the owner reaches age 72. The annual deadline for taking an RMD is December 31. Withdrawals requested in accordance with Required Minimum Distribution (RMD) requirements will generally be free of withdrawal charges and a market value adjustment (MVA). Amounts greater than the RMD, may be subject to withdrawal charges and MVA. If the Free Withdrawal Rider is elected, RMDs may be subject to withdrawal charges and MVA if taken in excess of the free amount. Refer to the contract for details regarding withdrawals, the application of fees, MVA, and cost of the Free Withdrawal Rider.