Guaranteed Lifetime Withdrawal Benefit Rider Schedule
(“GLWB Rider Schedule”)
Rider Issue Date: | MONTH DAY, YEAR | |
Initial GLWB Base: | $100,000.00 | |
Rollup Rate: | X.XX% | |
Rollup Rate Period End Date: | 10th Contract Anniversary | |
Earliest Annual Benefit Commencement Date: | MONTH DAY, YEAR | |
Lifetime Withdrawal Age: | 59 1/2 | |
Withdrawal Rate and Lifetime Guarantee Rate: |
Age at Annual Benefit Commencement Date | Contract Year | Withdrawal Rates Account Value is greater than $0 | Lifetime Guarantee Rates Account Value is $0 | |||||||||
Single Life | Joint Life | Single Life | Joint Life | |||||||||
591/2 – 64 | 1-5 | X.XX% | X.XX% | X.XX% | X.XX% | |||||||
6 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
7 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
| 8 | X.XX% | X.XX% | X.XX% | X.XX% | |||||||
9 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
10 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
11+ | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
65 – 74 | 1-5 | X.XX% | X.XX% | X.XX% | X.XX% | |||||||
6 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
7 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
8 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
9 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
10 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
11+ | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
75+ | 1-5 | X.XX% | X.XX% | X.XX% | X.XX% | |||||||
6 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
7 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
8 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
9 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
10 | X.XX% | X.XX% | X.XX% | X.XX% | ||||||||
11+ | X.XX% | X.XX% | X.XX% | X.XX% |
Automatic Step-Up Date: | Every Contract Anniversary | |
Maximum Automatic Step-Up Age: | 90 | |
Rider Fee Rate: | X.XX% | |
Rider Charge Date: | Every Contract Anniversary | |
Minimum Spousal Age: | Spouse’s Date of Birth may not be more than 10 years after your Date of Birth. |
5-4-CGLWB-B-4 (07/24) |
Transfer Requirements: | During the Accumulation Period you may only make a transfer to any available Allocation Option during the Transfer Period, subject to availability. The effective date of such transfer is the Term Start Date to which the transfer is made. | |
At the Term End Date, the Allocation Options will automatically be renewed into the same Allocation Option unless you elect to transfer into a different Allocation Option. If the same Allocation Option is no longer available at the end of the existing Term, these amounts will automatically transfer into the Fixed Account, if available. | ||
If the Fixed Account is not available, these amounts will automatically transfer to the Holding Account unless otherwise directed by you. | ||
Allocation Options Available After the Annual Benefit Commencement Date: | At the Term End Date, you may transfer the Account Value attributable to the Allocation Options to one or more of the Allocation Options Available After the Annual Benefit Commencement Date. | |
The following Allocation Options are available after the Annual Benefit Commencement Date: |
Fixed Account | ||||
Fixed Interest Term: 1 Year | ||||
| ||||
Shield Options | ||||
Term | Index | |||
Shield 25 | ||||
1 Year Term | S&P 500® Index S&P 500® Index Step Rate S&P 500® Index Step Rate Edge Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® | |||
3 Year Term | S&P 500® Index Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® | |||
6 Year Term | S&P 500® Index Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index | |||
Shield 15 | ||||
1 Year Term | S&P 500® Index S&P 500® Index Step Rate S&P 500® Index Step Rate Edge Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® | |||
2 Year Term | S&P 500® Index S&P 500® Index Step Rate S&P 500® Index Step Rate Edge Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® | |||
3 Year Term | S&P 500® Index Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® | |||
6 Year Term | S&P 500® Index Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® |
5-4-CGLWB-B-4 (07/24) |
Shield 10 | ||||
1 Year Term | S&P 500® Index S&P 500® Index Step Rate S&P 500® Index Step Rate Edge Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® | |||
2 Year Term | S&P 500® Index S&P 500® Index Step Rate S&P 500® Index Step Rate Edge Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® | |||
3 Year Term | S&P 500® Index Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® | |||
6 Year Term | S&P 500® Index Russell 2000® Index MSCI EAFE Index Nasdaq-100 Index® |
5-4-CGLWB-B-4 (07/24) |