Non-Qualified
Pre-death
- Multigenerational Income (IncomeSource®): Provide income payments for multiple generations.
- Period Certain and Lifetime Annuitization
- Beneficiary Restriction (all fixed products): Choose how each beneficiary will receive their payments. Add or modify as desired any time.
Post-death
- Annuitization
- Lump Sum
- 5-Year Deferral
- Non-qualified Stretch with Exclusion Ratio (Indextra®, SPDA II, IncomeSource)
Qualified / IRA
Pre-death
- Roth Conversions (Indextra, New Momentum)
- Qualified Charitable Distributions (all fixed products)
- IRA Max: Fund life insurance for wealth transfer with an IRA SPIA (IncomeSource)
- Period Certain and Lifetime Annuitization
Post-death
Spouse beneficiary or beneficiary not more than 10 years younger
■ Inherited IRA: (All fixed products less Indextra)
■ Lump Sum
■ Annuitization
■ 10-Year Deferral
■ Spousal continuation for spouses (all fixed products)
All other designated beneficiaries
■ 10-Year Deferral
- (SPIA 10-year certain or less) last payment due by 12-31 of 10th anniversary
- For annuity claims: Holding account for up to 10 years with an annual renewal rate
■ Lump Sum