It’s in the name: ForeAccumulation is for your clients looking to accumulate their retirement assets without any worrisome down market losses. And it also has an optional death benefit1 to predictably grow the legacy they’re planning to leave their loved ones.

Tailored

Personalized growth potential with competitive rates for fixed and index-linked crediting strategies.

No market losses

No down-market losses means less to worry about.

7% for 15 years

An optional death benefit that provides guaranteed 7% growth for up to 15 years to help maximize legacy planning.1

No fees

No monthly/annual fees for the base product. 100% of the premium is credited to the contract value.2

1The optional Enhanced Death Benefit is available at an annual cost of 0.50%, assessed at the end of the contract year, based off of the Enhanced Death Benefit amount. The benefit is comprised of a guaranteed roll-up of 7.00% simple interest for 15 years based off of premiums, less withdrawals. All withdrawals will reduce the benefit. A minimum issue age of 0 and maximum age of 75 applies. If death occurs prior to the 15th contract anniversary, the EDB will stop growing.

2Less prior withdrawals and less withdrawal charges and Market Value Adjustments (MVA) on any prior withdrawals.

Powerful accumulation potential. No negative market performance. Period.

ForeAccumulation offers interest crediting strategies that lock in any positive gains at the end of the strategy term. If any index-based crediting strategy has negative performance for any strategy term, no interest credits are earned for that strategy term. Your clients’ contract value won’t decrease due to negative performance and there’s no recovery necessary. To the left is a hypothetical example.

This chart assumes no fees, charges, or withdrawals are taken from the FIA during the illustrated period. Index past performance is not indicative of future results. The hypothetical performance of the ForeAccumulation fixed index annuity, as illustrated, assumes a $200,000 premium, a cap of 6.00% (using the annual point-to-point with cap interest crediting method) and assumes no withdrawals or surrender charges during period shown, nor the selection of the Enhanced Death Benefit option. This hypothetical example is for illustrative purposes only and not intended to be the performance of any specific product. Clients are not invested directly in any Index.

Grow a legacy. Guaranteed.

ForeAccumulation offers an optional Enhanced Death Benefit (EDB), for an additional fee, that is equal to the original premium and grows by a guaranteed 7% every year for up to 15 years (assuming no withdrawals). The EDB enables your clients to leave a beneficiary with potentially more than the contract value3,4 – after your client passes, the beneficiary gets either the EDB or the contract value as a death benefit – whichever is greater.

3The optional Enhanced Death Benefit is available at an annual cost of 0.50%, assessed at the end of the contract year, based off of the Enhanced Death Benefit amount. The benefit is comprised of a guaranteed roll-up of 7.00% simple interest for 15 years based off of premiums, less withdrawals. All withdrawals will reduce the benefit. A minimum issue age of 0 and maximum age of 75 applies. If death occurs prior to the 15th contract anniversary, the EDB will stop growing.

4Less prior withdrawals and less withdrawal charges and Market Value Adjustments (MVA) on any prior withdrawals.

5Hypothetical sample assumptions: Issued in Pennsylvania. Non-qualified premium. 5 year withdrawal charge period. The optional Enhanced Death Benefit is available at an annual cost of 0.50%, assessed at the end of the contract year, based off of the Enhanced Death Benefit amount. The benefit is comprised of a guaranteed roll-up of 7.00% simple interest for 15 years based off of premiums, less withdrawals. All withdrawals will reduce the benefit. A minimum issue age of 0 and maximum age of 75 applies. If death occurs prior to the 15th contract anniversary, the EDB will stop growing. The charge is assessed at the end of the contract year while the benefit is in force. Assumes ForeAccumulation fixed index annuity contract purchased for a $200,000 premium. The Guaranteed contract value represents the guaranteed minimum value based on 0% interest crediting. If index crediting strategies are selected, indexes are not available for direct investment. Early withdrawal charges and Market Value Adjustments (MVA) may apply. View full sample illustration for additional important information.

Interest Crediting Methods

One product. Many ways to customize.

No two clients are the same. That’s why we’ve added more crediting methods and indices to help you further customize your clients’ retirement strategies. Click and share any of the links below to help your customers understand how theses crediting methods and indices work.

One-Year Point-to-Point with Participation Rate

 

Available indices

PIMCO Balanced Index

One-Year Point-to-Point with Performance Trigger

 

Index

S&P 500® Index

Two-Year Point-to-Point with Spread

 

Available indices

BlackRock Diversa Volatility Control Index
Franklin US Index

One-year Fixed Rate

Customize even more

A diversified fixed index annuity may offer greater growth potential than an undiversified one.

 

Just in case...

We’ve added a bailout provision to every crediting strategy (certain conditions apply).

Crediting methods and indices are subject to state and firm availability and variations.

ForeAccumulation: the facts

Product description A single premium fixed index annuity that offers both upside opportunity and downside market protection. Available for non-qualified, non-qualified Stretch6, IRA, Inherited/Beneficiary IRA6,7, Roth IRA and SEP IRA plans.8
Issue ages 0-85
Premium amount9
  • $25,000 minimum premium
  • $1,000,000 maximum premium for ages 0-80 (as measured by total contribution per person for all annuities with the company)
  • $500,000 maximum premium for ages 81-85 (as measured by total contribution per person for all annuities with the company)
Available interest crediting methods Interest is credited to the contract value based on the choice of one or more interest crediting strategies. There are a variety of choices with different methodologies, advantages and trade-offs of each.
Withdrawal charge schedule10,11,12

Up to 10% of the beginning-of-year contract value may be withdrawn annually without incurring a withdrawal charge. Withdrawal charges apply to amounts withdrawn in excess of the free withdrawal amount during the withdrawal charge period.

Five-year withdrawal charge schedule

Year 1 2 3 4 5 6+
Charge 9% 8% 7% 6% 5% 0%

 

Seven-year withdrawal charge schedule

Year 1 2 3 4 5 6 7 8+
Charge 9% 8% 7% 6% 5% 4% 3% 0%

 

Ten-year withdrawal charge schedule13

Year 1 2 3 4 5 6 7 8 9 10 11+
Charge 9% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0%
Market value adjustment (MVA)12 A Market Value Adjustment refers to the potential fluctuation of the surrender value of the annuity in response to market conditions. Applies during the withdrawal charge period on withdrawals in excess of the free partial withdrawal amount. The MVA also applies to annuitization during the withdrawal charge period when a withdrawal charge would also apply.
Optional enhanced death benefit
  • An optional enhanced death benefit will be available at an annual cost of 0.50%, assessed at the end of the contract year, based off of the Enhanced Death Benefit amount.
  • The benefit is comprised of a guaranteed roll-up of 7.00% simple interest for 15 years based off of premiums, less withdrawals.
  • All withdrawals will reduce the benefit.
  • A minimum issue age of 0 and maximum age of 75 applies.
Other benefits12,14
  • Nursing Care Waiver – At any time on or after the Issue Date of the policy, if your client should become confined to an approved nursing facility for at least 90 consecutive days, withdrawal charges and MVA on any portion of the contract value withdrawn will be waived.
  • Terminal Illness Waiver – If your client has been diagnosed with a terminal illness after the first contract anniversary, withdrawal charges and MVA will be waived on any portion of the contract value withdrawn.
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