NAC BenefitSolutions Changes Effective 12/10/2024
NAC BenefitSolutions® fixed index annuity changes
- Level Lifetime Payment Percentages (LPPs) decrease
Early income remains strong, though less robust than before. The product is at its strongest for clients who wait 4-7 years to elect income. In fact, the updated structure is superior to the prior one for all issue ages 60 and beyond who wait at least 4 years to turn on income. - Benefit Base Floor percentages change as shown below
120% of premium in Years 1-5 (Was 125%)
150% of premium in Years 6-10 (Was 150%)
180% of premium in Years 11+ (Was 175%)
NEW BUSINESS GUIDELINES:
The changes above apply to applications received or submitted through Annuity e-Biz on or after Dec. 10.
Rates are subject to change at any time.
Get the updated materials now
NAC BenefitSolutions Brochure | NAC BenefitSolutions Brochure for Oregon
NAC BenefitSolutions Disclosure | NAC BenefitSolutions Disclosure for Oregon
NAC BenefitSolutions quick reference guide
NAC BenefitSolutions LPP quick reference guide