May 2, 2022
Increased Income Factors on GLIR are Effective for all Policies
Rates are also increased on the Legacy Death Benefit Rider.
View this brief summary of the changes.
Rates increases are as follows.
FIT Horizon Income – GLIR
Guaranteed Withdrawal Percentage increasing by 65 basis points
FIT Select Income – GLIR
Guaranteed Withdrawal Percentage increasing by 40 basis points
FIT Focus Income – GLIR
Bonus on standard GLIR increased to 15%
Roll up increased to 5%
Guaranteed Withdrawal Percentage increasing by 65 basis points
FIT Horizon Growth – Legacy Death Benefit
Roll up increased to 4% compounding, stacked with dollar amount of indexed interest
FIT Focus Growth – Legacy Death Benefit
Roll up increased to 8% simple
Marketing materials, eApp and Illustrations are now available.
Note on Pending Business
Don’t worry! Pending business submitted on the current applications will receive the higher rates if issued on May 2 or later. No new application required!
