7% Simple Interest Growth for Up to 15 Years
ForeAccumulation II’s optional Enhanced Death Benefit (EDB)1 provides up to 15 years of 7% guaranteed simple interest growth. Plus, it can help offset the impact of RMDs on your clients’ legacy plans.
1 The optional Enhanced Death Benefit is available at an annual cost of 0.50% for issuing ages 0-70, 0.95% for issuing ages 71-80, assessed at the end of the contract year, based off of the Enhanced Death Benefit amount. The benefit is comprised of a guaranteed roll-up of 7.00% simple interest for 15 years or until the contract anniversary after attained age 90, whichever is earlier, based off of premiums, less withdrawals. All withdrawals will reduce the benefit. A minimum issue age of 0 and maximum age of 80 applies. If death occurs during the EDB roll-up period, the EDB will stop growing. The benefit is comprised of a guaranteed roll-up of 7.00% simple interest for 15 years based off of premiums, reduced by withdrawals. All withdrawals will reduce the benefit. The hypothetical example assumes no withdrawals. Outcomes may differ based upon the interest crediting strategy selected and assume compliance with the product’s benefit rules. The EDB has no cash/withdrawal value.