You don't need to choose between safety and growth. The DualTrack Income™ Guaranteed Lifetime Withdrawal Benefit (GLWB) rider tracks two growth paths – a roll-up base and a performance base - and then gives you the greater of the two.
Fixed Index Annuity
Delaware Life DualTrack IncomeTM
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DualTrack Income™
Product Information
DualTrack Income™ features two ways for income potential to grow, one that steadily compounds over time and another that builds through market performance, boosted by a growth multiplier. When income begins, clients automatically receive the higher value.
Product Snapshot
Quick-reference guide covering premium limits, roll-up and multiplier rates, withdrawal percentages, rider fee, and access features.
Rate Sheet
View the latest participation rates, fixed rate options, and index crediting details—updated regularly.
Product Brochure
Explore how DualTrack Income™ works—from crediting strategies and index options to the GLWB rider and surrender charge schedules.
DualTrack Income™
Don’t choose between safety and growth. Get both with a Guaranteed Lifetime Withdrawal Benefit (GLWB) rider that:
Tracks two growth paths – the safety of a guaranteed roll-up and the growth potential of a performance multiplier base
Then gives you the higher value to power up your growth potential
Included Chronic Illness Income Multiplier provides additional income for the unexpected
DualTrack Income™
Index and Crediting Strategies Information
DualTrack Income™ allows clients to allocate money in one or a combination of index strategies from leading investment managers.
Index Strategies
DualTrack Income™ provides multiple index strategies to help capture growth and navigate market fluctuations, along with a fixed account that offers stability through an interest rate declared each year.
DualTrack Income™
Additional Information
Tracking two income paths
DualTrack Income™ includes a GLWB that tracks the growth of two income paths – a roll-up base and a performance base – and gives the client the greater of the two.
Additional features strengthen this benefit:
- Milestone Stack resets at years 5 and 10
- Chronic Illness Income Multiplier that doubles the Annual Withdrawal Amount (for up to 5 years, where available)
- Flexible single or joint life withdrawal options
- Transparent annual rider cost.
- Withdrawal percentages also increase with age, giving clients more income the longer they defer.
Annual income
Annual income will be based on the greater of:
- Roll-up base: annual compound interest for up to 10 years.
- Performance base: Earned interest boosted by a growth multiplier each year, until the client elects to start lifetime income or the day they elect to start taking income, if sooner.
Milestone stack
To help maximize compounded growth, both income bases are stepped up to the higher value at the 5th and 10th contract anniversaries. If income is deferred beyond 10 years, the performance-based base continues to benefit from the multiplier, providing ongoing growth potential.
Frequently Asked Questions
A fixed index annuity (FIA) is an insurance product designed to help you meet your long-term retirement needs. A FIA may help you:
Grow your money—earn interest based on the performance of the indexed-linked crediting options or fixed account.
Protect your money—lock in gains each year to protect your account value from market drops.
Convert your savings into retirement income, including income for life.
Annuities are long-term investment vehicles designed for retirement purposes. Their guarantees are backed by the financial strength and claims-paying ability of the insurance company that issues the annuity. As an informed consumer, you can research an insurer’s financial strength ratings—which gauge the claims-paying ability of an insurance company to meet its financial obligations to policy/contract holders. These agencies rate the financial strength of insurance companies on a regular basis— for example, A.M. Best Company, Fitch Ratings, and Standard and Poor's.
Your financial professional can help you decide if an annuity fits into your overall financial plan depending on your current portfolio, your short and long-term goals, plus your risk tolerance. Delaware Life Insurance Company does not provide individualized investment, legal, or tax advice. Please consult with your investment, legal, or tax professional before making any investment decisions.
You may be eligible for an early withdrawal of:
Up to 10% of the last contract anniversary account value, or
The required minimum distribution (RMD).
Both options are free of surrender charges and any applicable Market Value Adjustment (MVA). Please consult your financial professional for more information.
Some FIAs may offer riders or features at additional cost. Please consult your financial professional for more information.
DualTrack IncomeTM Legal Disclosures
1 GLWB is required at issue for an additional cost of 1.20% of the withdrawal benefit base. For more product details, please refer to the product snapshot and the disclosure statement.
2 Withdrawals come from your account value. If your account value declines or reduces to zero, your income payments will continue for the remainder of your life, or your life and your spouse’s life if you elect joint life income, as long as you follow the rules set out in your DualTrack Income™ contract or if your account value hasn’t gone to zero because of excess withdrawals.
Annuities are long-term financial vehicles designed for retirement purposes. These policies may not be available in all states, and product features vary by state. The surrender value will not be less than the minimum value required by your state. Delaware Life DualTrack Income™ fixed index annuity has age eligibility requirements, minimum premium amounts, systematic withdrawal limits, and qualifying requirements for waiver of withdrawal and surrender charges. For more details, including limitations and exclusions, ask your financial professional or refer to the Delaware Life Target Income 10® product brochure.
Fixed index annuities are not securities, do not participate directly in the stock market or any index, and are not investments. It is not possible to invest directly in an index.
Annuities are issued and guarantees are backed by the financial strength and claims-paying ability of Delaware Life Insurance Company (Zionsville, IN). Products, riders, and features may vary by state, and may not be available in all states. This material may not be approved in all states. Ask your financial professional for more information.
This communication is for informational purposes only. It is not intended to provide, and should not be interpreted as individualized investment, legal or tax advice. To obtain such advice, please consult with your investment, legal or tax professional.
Delaware Life Insurance Company is authorized to transact business in all states (except New York), the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Contracts are issued by Delaware Life Insurance Company. For use with policy forms ICC24-DLIC-FIA-MSP and rider form ICC24-DLIC-EARPAR. Policy and rider form numbers may vary by state.