For Financial Professional Use Only.
Not for use with the general public.
Secure Guaranteed
Income for Life
Calculate the initial premium required to meet your client’s annual income needs.
Estimated premium amount is based upon election of lifetime payment amounts under the guaranteed lifetime withdrawal benefit rider, which is required at time of purchase and has an annual cost of 1.1% of the GLWB Value. Estimated annual income is calculated based on the Guaranteed Withdrawal Benefit Value and age when you turn on income. Calculation assumes no withdrawals are taken prior to electing to begin income withdrawals.
Explore the WealthSecureSM Pro Fixed Indexed Annuity
Interactive calculators are made available as self-help tools for independent use and are not intended to provide investment or tax advice, either expressed or implied. Prosperity Life Group and WealthVest cannot and do not guarantee their applicability or accuracy in regards to individual circumstances. All examples are hypothetical representations for illustrative purposes only. Questions regarding the information and interactive calculators should be discussed with a financial, tax and/or legal advisor. Seek personalized advice from qualified professionals regarding all personal finance issues.
Results are hypothetical. They assume the current income percentage and income growth rate, which are set periodically by the company and may be different than what is shown at contract issue. Once issued, the income growth rate is guaranteed not to change, however the income percentage will be adjusted, resulting in a recalculation of your potential annual income if a change in covered person(s) occurs prior to or at the income activation date.
Calculations assume no withdrawals are taken prior to electing to begin income withdrawals.
A fixed annuity is a contract between you and an insurance company that, in exchange for your premium (earning a fixed rate of interest), offers a stream of guaranteed income payments.
Annuities are long-term products designed for retirement.
Retirement accounts such as IRAs can be tax deferred regardless of whether or not they are funded with an annuity. The purchase of an annuity within an IRA does not provide additional tax-deferred treatment of earnings. However, annuities do provide other features and benefits.
Withdrawals may be subject to federal and/or state income taxes. A 10% federal early withdrawal tax penalty may apply if taken before age 59½ in addition to ordinary income tax. Partial withdrawals may reduce benefits and contract value.
This material is general in nature, was developed for educational use only, and is not intended to provide financial, legal, fiduciary, accounting or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. Please consult with your financial professional regarding your situation. For legal, accounting or tax advice consult the appropriate professional.
WealthSecure is issued by S.USA Life Insurance Company, Inc., Form #’s ICC22FIAPUECS22, ICC22FIAPUECS22-DP, FIAPUECW22-DP, FIAPUEFL22, FIAPUEFL22-DP and Rider Form #’s ICC22GLWRUECS22, ICC22GLWRUECS22-Enhanced, ICC19WWCRUECS19, GLWRUECW22 and GLWRUECW22-Enhanced. Not licensed in all states. Product not available in all states. Features may vary by state. S.USA is solely responsible for its contractual and financial obligations. Click the link here for state approvals and availability.
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Roanoke, VA 24029
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Prosperity Life Group is a marketing name for Prosperity Group Holdings, LP and its subsidiaries. Life insurance and annuities are underwritten by SBLI USA Life Insurance Company, Inc. (SBLI USA), headquartered in New York, NY, and S.USA Life Insurance Company, Inc. (S.USA) headquartered in Roanoke, VA. Only SBLI USA is an authorized New York insurer. S.USA is not authorized as an insurer in, and does not do insurance business in New York. Each underwriting company is responsible for its own financial and contractual obligations. SBLI USA Life Insurance Company, Inc. is not affiliated with The Savings Bank Mutual Life Insurance Company of Massachusetts or The Savings Bank Life Insurance Company of Connecticut.
Prosperity Life Group has engaged WealthVest Marketing Inc. to wholesale products underwritten by the Member Companies.
NOT A DEPOSIT | NOT FDIC/NCUA INSURED | NOT GUARANTEED BY ANY FEDERAL GOVERNMENT AGENCY | NOT GUARANTEED BY THE BANK | MAY LOSE VALUE | WITHDRAWAL CHARGES MAY APPLY
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