SecureFore 5 offers tax-deferred guaranteed growth that’s locked-in for five years. SecureFore also comes in three and seven year durations – your clients can pick what works best for them.

Guaranteed

Principal is 100% guaranteed if held to the end of the withdrawal charge period.1

Tax-deferred

Your clients’ contract value grows tax-deferred for faster growth.

No fees

No monthly or annual fees. 100% of the premium is credited to the contract value.

Top 5

We’re a top 5 provider in fixed annuity sales.2

1Less prior withdrawals and less withdrawal charges on any prior withdrawals. Withdrawal charges are not assessed on free withdrawals. Amounts withdrawn in excess of the free withdrawal amount may be subject to withdrawal charges. Withdrawals of taxable amounts are subject to ordinary income tax and may be subject to a 10% federal income tax penalty if taken before age 59 1/2.

Protection Benefits

SecureFore 5 offers additional built-in and optional benefits to help protect your clients’ money and their beneficiaries.

Death benefit
Beneficiaries are eligible to receive a death benefit equal to the full contract value without incurring any withdrawal charges.

Return of premium*
With this optional benefit, your clients are guaranteed to receive at least their original premium, less any prior withdrawals, should they choose to surrender their contract.3

*If elected, crediting rate will be lower than if the option was not elected.

Access to assets

SecureFore 5 also gives your clients multiple ways to access their money when they need it.

Annual free withdrawals4
Your clients may withdraw up to 10% of the beginning-of-year contract value each year, after the first contract year (except in year of full surrender). Any Required Minimum Distribution (RMD) imposed by the IRS on this contract, even if it exceeds the free withdrawal amount (except in year of full surrender). Annual free withdrawals will equal the greater of these two amounts. State variations apply.

Terminal illness waiver5
Should your clients suffer from a terminal illness, any withdrawal charges will be waived on any portion of the contract value that is withdrawn after the first contract anniversary.

Nursing home waiver5
At any time on or after the first contract anniversary, if your client should become confined to an approved nursing facility for at least 60 consecutive days, withdrawal charges on any portion of the contract value withdrawn will be waived.

 

2LIMRA reports, as of December 31, 2018. Applies to Forethought Life Insurance Company.

3Must be selected when the policy is issued.

4Withdrawal charges are not assessed on free withdrawals. Amounts withdrawn in excess of the free withdrawal amount may be subject to withdrawal charges. Withdrawals of taxable amounts are subject to ordinary income tax and may be subject to a 10% federal income tax penalty if taken before age 59 1/2.

5Receipt of proof as identified in the waiver riders attached to the annuity contract is required in order to qualify for these benefits. Subject to state availability. Nursing Home Waiver Rider referred to as Confinement Waiver Rider in CT.

6Hypothetical sample assumptions: Issued in Pennsylvania. Non-qualified premium. 5 year withdrawal charge period. No Return of Premium with No MVA. Early withdrawal charges may apply. View full sample illustration for additional important information.

SecureFore 5: the facts

Product description SecureFore 5 is a single-premium, tax-deferred fixed annuity available for non-qualified, IRA, Inherited/Beneficiary IRA7, Roth IRA, Inherited/Beneficiary Roth IRA7 and SEP-IRA plans.
Issue ages 0-85
Single premium payment
  • $10,000 minimum premium.
  • $1,000,000 maximum premium for ages 0-80; $500,000, 81–85 (home office approval required for premium in excess of these limits).
Withdrawal privileges
  • 10% of the beginning-of-year contract value after the first contract year can be withdrawn each year without incurring withdrawal charges, except in any year where a full surrender occurs.8,9
  • Withdrawal charges will be waived due to qualified nursing home confinement or terminal illness.10
  • Systematic withdrawals may be specified by dollar amount or percentage of the contract value, as well as by choice of payout frequency.
Withdrawal charge schedule

SecureFore 5 withdrawal charge applied to withdrawals in excess of free withdrawals.

Year 1 2 3 4 5 6+
Charge 8% 8% 7% 6% 5% 0%
Initial guaranteed rate period SecureFore 5 offers an initial interest guaranteed period of five years. The interest rate schedule for the initial guaranteed rate period is locked upon purchase. After the initial guaranteed rate period expires, a renewal rate will be declared and guaranteed for one year. This will occur at the beginning of each subsequent contract year.
Optional feature: return of premium If selected at issue, Forethought Life Insurance Company guarantees that upon full surrender, your client will receive no less than their original premium, less all prior withdrawals. If elected, crediting rate will be lower than if the option was not elected.
+

Need help?

Call and talk to a Global Atlantic representative now. Or click this button to request a call from us.

1-877-454-4777