Guarantee your distribution strategies for life

Product Specifics

What is Investors’ Guaranteed Income?

A solution that provides distributions, guaranteed for life, to clients with wealth management accounts (depletion insurance™)

Distributions for life
  • Guarantees 5% distributions per year, for life, based on the greater of the account value on:
    1. The date the guarantee is issued, or
    2. The date the guarantee is exercised
  • Begin any time after 2 years and age 65, and before age 95
  • Distribution amount is based on the account value of all Eligible Contributions*
  • Distributions may occur monthly, quarterly, semi-annually or annually
  • Continue if/when the account value reaches zero
Vesting Period
The later of the Annuitant’s 65th birthday or 2 years from the date of the initial contribution and each additional contribution
Claims
Paid if/when the wealth management account is depleted
Investments
Approved portfolios in the wealth management account
Flexibility
May be added or cancelled at any time
Excess Distributions
Distributions before 2 years and age 65, or above 5% per year, proportionally reduce the guaranteed amount
Required Minimum Distributions (RMD)
RMDs in excess of 5% per year will not be treated as an excess withdrawal
Important Ages
  • Minimum Issue Age: (45)
  • Maximum Issue Age: (90)
Availability
Single Life
Annual Fee
0.50% of the wealth management account value*
* Eligible Contribution is a contribution made into your wealth management account after the Issue Date, for which the Vesting Period for that contribution has passed.

** Fee is in addition to the fee for advisory services associated with the wealth management account.

Distributions,
Guaranteed for Life

In the example below, a 60-year old investor adds IGI to their $100,000 wealth management account, and begins taking 5% annual distributions when the account value reaches $111,880, 7 years later at age 67.

This is a hypothetical example for illustrative purposes only. It does not reflect an actual account value or the performance of any investment. The account value is not guaranteed, can fluctuate, and may lose value.

*Fee is in addition to the fee for advisory services associated with the wealth management account.