Marquis SP GLWB Rider Enhancements Effective 02/13/23

Effective 02/13/23, Marquis SP FIA’s optional Guaranteed Lifetime Withdrawal Benefit (GLWB) offers clients increased roll-up percentages and higher age-based withdrawal rates, with no fee increases.

These enhancements apply for applications signed 02/13/23 or later:

• Roll-up percentages increase to 9% (ages 45-60), 10% (61-74) and 11% (75-90)
• Withdrawal percentages increase 0.50% for each age. Covered person’s age/10% – 1.5% (ages 60-89), 7.5% (90+)
• GLWB fee unchanged at 0.95% (max 1.50%) for individual and individual + spouse.*

Your clients enjoy all of the upside potential and downside protection of Marquis SP plus the improved income outcomes with its enhanced optional GLWB.