Crediting Methods Designed To Help You Earn More. Select Annual Reset uses the Annual Reset Point-to-Point crediting method to link your earnings to the index or indexes of your choice, giving you the opportunity for additional interest to grow your retirement.
What is an Annuity? An annuity is a long-term, tax-deferred vehicle designed for retirement. Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before
Annual Reset Point-to-Point
Annual Reset Point tends to perform better when the selected index declines early in the period,but then rebounds later in the year, or in moderate but steadily increasing periods. It compares the index value at the beginning of each year with the value at the end. When the ending value is higher, the percentage increase is multiplied by the Index Participation Rate, or IPR, and credited (up to the Cap) to your contract.
Charts are hypothetical examples only and are not representative of future performance. Past performance is no guarantee of future results.