Pinnacle MYGA℠

For Producer Use Only

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Current Interest Rates

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Pinnacle MYGA℠ – At A Glance

Plan Type Single Premium Deferred Annuity
Guaranteed Interest Rate Periods Choice of 3 year, 5 year, 7 year, or 10 year interest rate periods
Maximum Issue Age1 85
Premium Amount
Minimum: $10,000 Non-Qualified
  $5,000 Qualified
Maximum: $1,000,000 (unless provided with company approval)
Free Withdrawal Amount2 After the first contract year, up to 10% of the account value as of the end of the prior contract anniversary may be withdrawn without deduction of an MVA or withdrawal and surrender charge.
Systematic Withdrawals May be taken annually, semi-annually, quarterly, or monthly. The minimum withdrawal amount is $250 and a minimum account value of $2,000 must be maintained.
Death Benefit Full Account Value. Surrender Charges and MVA are waived.
Surrender Charge Schedule  

Withdrawal and Surrender Charges by Guarantee Period Year

Guaranteed Interest Rate Period

1

2

3

4

5

6

7

8

9

10

3 Year

7%

6%

5%

5 Year

7%

6%

5%

4%

3%

7 Year

7%

6%

5%

4%

3%

2%

1%

10 Year

7%

6%

5%

4%

3%

2%

1%

1%

1%

0.75%

Market Value Adjustment (MVA) A market value adjustment (MVA) will apply to surrenders or withdrawals in excess of the Free Withdrawal Amount.
Qualified Plan Eligibility IRA, SEP IRA (Rollover/Transfers), and ROTH IRA
Ownership Requirements The owner must also be the annuitant, except in instances where a non-natural entity, such as a trust, is named as the owner. Joint owners must also be joint annuitants.
Interest Rate Renewal Feature3

At the end of each Guaranteed Interest Rate Period, the client may choose to renew their annuity for another Guaranteed Interest Rate Period. They will be provided a 30-day window to select a new available Guaranteed Interest Rate Period, elect a settlement option, or withdraw their Account Value. The Company will automatically renew their annuity for an available Guaranteed Interest Rate Period as described in their Contract, if no election is made.

During this 30-day window, no withdrawal and surrender charges or Market Value Adjustment will apply. After the 30-day window, a new Guaranteed Interest Rate Period will begin and a new Guaranteed Interest Rate Period, Withdrawal and Surrender Charges, and Market Value Adjustment will apply.

Annuitization/Settlement Options Options include Life Annuity, Life Annuity with Period Certain, and Joint and Last
Survivor Annuity. Cannot occur during the first contract year.
Chargebacks 100% on death, surrender, and withdrawals within the first contract year.

1Applies to any Owner, Joint Owner, and/or Annuitant.
2Or Required Minimum Distribution (RMD) if greater.
3Not available to FL contracts.

Delaware Life annuities and the optional benefits described above are subject to limitations and the terms of the contract and/or riders issued, which may vary based on state approval. Product availability may vary by state. Features and benefits may vary based on state approval. Guarantees are based on the claims-paying ability of Sun Life* Assurance and Annuity Company (U.S.).

For producer use only. Not for distribution to the public.

NOT FDIC/NCUA INSURED · MAY LOSE VALUE · NO BANK/CREDIT UNION GUARANTEE
NOT A DEPOSIT · NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

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