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Guaranteed income protection for retired investors
 Story of David
At 66, David is about to retire. He invests $200,000 in
SunWise Elite Plus and chooses the GMWB Lifetime Option.
David is guaranteed to receive an annual income of $10,000
for his lifetime. If his investments perform well his income
may increase because automatic market resets every three
years lock in investment gains.
The chart is a worst-case scenario for David. It assumes that
markets decline sharply during his retirement. But even
under these circumstances, when his portfolio is reduced to
zero after 14 years, David is guaranteed to receive $10,000
for life. |
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The GMWB rider is designed to provide investors with guaranteed income for life beginning at age 65.* It eliminates
the risk of investors outliving their retirement savings.
SunWise Elite Plus offers a guarantee in the form of regular withdrawals (LWA) of up to 5% of LWA Threshold
Amount, regardless of the investment performance of the portfolio.
For those investors withdrawing income prior to age 65, SunWise Elite Plus offers a GWB Withdrawal
Period Option in the form of regular withdrawals (GWA) of up to 5% of the initial deposit per calendar
year until the Remaining GWB is reduced to zero; when the contract is terminated; on the contract
maturity date; or upon the death of the last surviving annuitant.*
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Guaranteed Income for Life*
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