1 Sullivan, Bob and Benjamin Curry; “How to Boost Your Retirement Income”; Forbes; SimplyWise survey; 7/9/2021; https://www.forbes.com/advisor/retirement/how-to-increase-retirement-income/; accessed 4/25/2023.
2 Guarantees based on the claims-paying ability of EquiTrust Life Insurance Company.
3 Annuitization prior to the Income Date is not offered in TX.
4 Payments will continue at the same amount if Income Withdrawals were based on two lives. Payments will be recalculated based on the spouse’s age if the original Income Withdrawals were based on one life. Spouse may include a domestic partner in OR (in some cases does not include spousal continuation). Spousal continuation may not be elected if Single Life Income Withdrawals were elected and the Accumulation Value is zero. Spousal continuation may not be elected if the surviving spouse is younger than age 50 at the time of the Owner’s death and the Owner had been taking Single Life Income Withdrawals.
5 For Inherited IRAs, the IBR does not continue upon the death of the beneficiary/owner. Withdrawals before age 59½ may result in a 10% IRS penalty tax.
Income Benefit Rider offered on select index annuities. May vary by state.
MarketPower Bonus Index riders issued on Form Series ICC16-ET-IBR-FIXED(07-16) or ET-IBR(06-08); ICC17-ET-IBR-ER-A(04-17) or ET-IBR-ER-A(04-17). MarketTen Bonus Index riders issued on Form Series ICC16-ET-IBR-FIXED(07-16) or ET-IBR(06-08); ICC17-ET-IBR-ER-A(04-17) or ET-IBR-ER-A(04-17). MarketValue Index riders issued on Form Series ICC15-ET-IBR-STR(04-15) or ET-IBR-STR(04-15); ICC17-ET-IBR-ER-A(04-17) or ET-IBR-ER-A(04-17). MarketSeven Index riders issued on Form Series ICC16-ET-IBR- FIXED(07-16) or ET-IBR-FIXED(07-16); ICC17-ET-IBR-ER-A(04-17) or ET-IBR-ER-A(04-17).
EquiTrust does not offer investment advice to any individual or agent/producer and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.
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