January 21, 2021
Enhanced Growth Potential on the FIT Retirement Series
FIT Select Income and FIT Secure Growth get a power-of-indexing makeover!
With two new indexes and optional Rate Booster to choose from, you have more power to help clients grow and protect their retirement savings to be FIT — Financially Independent for Tomorrow.
2021 Interest Crediting Lineup
Point-to-Point with Participation rate focus, no Cap
Seeks to optimize volatility through a blend of US Equities, US Treasuries and Cash. The US Fundamental Balanced Index aims to capture the low volatility premium within US Equities. The asset classes are rebalanced daily to optimize risk and the mix of US Equities is revised quarterly. Created and owned by PIMCO.
Point-to-Point with Participation rate focus, no Cap
Seeks to optimize volatility through a blend of Global Equities, Bonds and Commodity Sectors. The composition of the Global Balanced Index is rebalanced monthly based on the SG Sentiment Indicator which examines six cross asset indicators for expansion and contraction. The overall allocation is reviewed daily to optimize volatility. Created and owned by Societe Generale.
And, the more traditional options
- S&P 500 – Point-to-Point with Cap
- SP 500 – Monthly Sum Cap
- Declared Crediting Strategy
Plus,
Optional Rate Booster Strategies provide greater interest crediting potential and are available on all indexed crediting options. Policyholders may:
- Allocate between the boosted and non-boosted strategies.
- Reallocate annually into or out of boosted strategies. Only funds allocated to Rate Booster strategies pay a 1% annual charge deducted from its Accumulation Value and rates are subject to change.
Pending approval in ID. Not available in NY.
What else do you need to know?
- Brochures, applications and eApp will be available online beginning January 23rd.
- Illustrations will be available in Q2 – at that time you will receive a communication reminding you to download updated illustration software. In the meantime, please use this tool.
Register for live sales training today!
Contact National Life Group Sales Desk at 800-906-3310.
Rate Booster only benefits interest crediting during periods where interest is credited to that strategy. If no indexed interest is credited for that period, Rate Booster will have no effect. The charge for Rate Booster occurs for every crediting period regardless of whether interest is credited.
