Your clients can access their eligible policy values for a hardship or unforeseen emergency distribution, or after separation from service or disability1, at no additional charge.
Here’s how it works:
• For TPA-approved hardship or unforeseen emergency distributions payable to the annuitant, beginning in the second policy year the waiver forgives all withdrawal charges and Market Value Adjustment (MVA)1.
• For separations or disability distribution payable to the annuitant, withdrawal charges and MVA are waived on:
o 20% of accumulated value in years 2-4
o 100% of accumulated value in years 5+
• Policy must be in 403(b) or 457(b) status.
Plus, all FIT Retirement Series annuities offer:
Tax-Deferred Growth Potential 5 Crediting Options Retirement Income for Life
Learn more about all four FIT products or pick a FIT:
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