Life changes. ForeCertain puts clients in control.
ForeCertain can be customized to help your clients plan for their changing needs.
Temporary need: More income
The Advance Payment Option4,5 gives your clients the ability to accelerate 3 to 6 months of payments and receive as a lump sum (up to two times per contract).
Changing need: Income start date
With the Annuity Commencement Date Change5, after the first contract year, your clients can move their start date one time and their income will be recalculated based on the new date.6
Changing need: Early access
Clients need cash? With the Commutation feature, they may advance all or a portion ($5,000 minimum) of the guaranteed-period annuity payments at present value.5,7
Preference: Keep pace with inflation
With the Annual Increase Option, income increases annually by 2, 3 or 4%. Initial payments will be lower than if this option is not elected. Income cannot begin prior to age 59 1/2.5,8
Preference: Protect the premium amount if they die before income starts
The Temporary Return of Premium option ensures beneficiaries will receive a death benefit equal to the premium amount, prior to income starting. Income will be lower than if the option was not elected.5,8
Preference: Delay RMDs from the annuity
With the Qualified Longevity Annuity Contract (QLAC), your clients can postpone RMDs from age 72 to as far as the first day of the month after they turn age 85.5,8,9