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Annuity Rates

Products that have premium bonuses may offer lower credit interest rates, Index Cap Rate, Participation Rates, and/or higher Index Margins than products that don’t offer a premium bonus. Over time and under certain scenarios the amount of the premium bonus may be offset by the lower interest rates, Index Cap Rates, Participation Rates and higher Index Margins.


A premium bonus recapture is assessed during the surrender charge period on any amount withdrawn, whether as a partial or full surrender, that exceeds the penalty-free withdrawal amount.