Tired of Writing Multiple Income Products for One Client?
The NAC Control. X fixed index annuity (FIA) with optional Total Control rider1 offers your clients first-to-market income flexibility and control within their personalized income plan. Your clients can activate up to 10 different guaranteed lifetime income streams2 within one FIA.
NAC Control. X allows you to get back to building your business
1. Optional Total Control rider is attached to the base product for an annual rider charge of 1.25% of the total income base.
2. Lifetime income refers to guaranteed payment of lifetime payment amounts (LPA’s) as defined in the Total Control rider included in this contract. It does not refer to interest credited to the contract. Income streams can being in year 2 and starting at age 50. Please advise your client to consult with their own tax advisor regarding tax treatment of LPAs, which will vary according to individual circumstances.