June 22, 2023

Coming June 24: New SPDA Products!

Zenith Growth, Zenith Income, Growth Driver, and Income Driver are almost here. Which SPDA is the best choice for your clients?

Not available for sale in NY. Approvals pending in NJ & OR. 

Our new Driver and Zenith SPDAs will become available on Saturday, June 24. With a $25,000 minimum premium, they could be a great option for many of your clients. But which SPDA is the best choice? Each product helps clients in unique ways.

If your clients are looking to grow their savings:

 

Zenith Growth

Best for: Accumulating value and maximizing growth potential

Unique features: High participation rates and caps

Growth Driver

Best for: Boosting retirement savings and accumulating value

Unique features: Immediate premium bonus (10% for 10-year policies, 7% for 7-year policies)

If your clients’ primary focus is guaranteed lifetime income:

Zenith Income

Best for: Maximizing guaranteed lifetime income

Unique features: Up to 200% activation bonus (Max Bonus Guaranteed Lifetime Income Rider) OR 5% immediate premium bonus + activation bonus (Split Bonus GLIR)

Income Driver

Best for: Getting predictable lifetime income

Unique features: 20% activation bonus with Standard Guaranteed Lifetime Income Rider or No-Charge GLIR

-Important Information- 

All Zenith and Driver SPDAs include a Dollar Cost Averaging (DCA) option, which allows clients to move their premium to index crediting strategies over 12 months — instead of on just one day per year.

View Transition Rules