THE RETIREMENT PLUS MULTIPLIER® ANNUITY
The Retirement Plus Multiplier® Annuity was created as a resource for your financial planning. Opportunity for growth is increased with this fixed indexed annuity compared to fixed rate alternatives. Accrued revenue is tax-deferred, therefore taxes are not paid on interest until a withdrawal is made.
Funds may be allocated through a variety of diverse index crediting strategies and a fixed rate option. Increases to index crediting strategies happen simultaneous to market growth. Credits are applied to the contract’s accumulation value conditional to either a participation rate or percentage cap.
Your wealth is protected against the potential market downturn. The interest rate is guaranteed at 0%, which means if the market flatlines or dips negative, your credited dividends are protected against a loss.
- Experience potential market index growth
- Secure accumulation value from market loss
- Generate retirement income for your lifetime
- Select from a variety of crediting strategies and riders
Riders
GROWTH BENEFIT
Accumulation Buy Up Rider
If accumulation is the focus of your goal, this rider provides most potential for increase on indexed allotments. Your participation and cap rates are increased with a decision to include this rider
—your annuity then achieves more increase in a thriving market.
- More growth potential with higher index account caps and participation rates
INCOME MULTIPLIER
Guaranteed Lifetime Withdrawal Rider (GLWB)
Maximize potential for your financial growth with the Income Multiplier rider. Choosing this option will heighten your income potential. You will not outlive the benefit of withdrawals, even after the total withdrawal of the accumulation value.
- Access a lifetime of income allowance
- Complement up to 100% of your initial investment with an income bonus
S&P 500® Index
Comprised of 500 major companies representing leading industries of the U.S. economy.
- One-year crediting period with participation rate
- One-year crediting period with cap
- Two-year crediting period with participation rate
Aging of America Index
Comprised of companies concentrated in the healthcare and real estate sectors that may benefit from serving a growing aging population.
- One-year crediting period with participation rate
- Two-year crediting period with participation rate
- Three-year crediting period with participation rate
To learn more about the Aging of America Index, please visit https://www.solactive.com/Indices/?index=DE000SL0L805
Retirement Plus Multiplier® Annuity Rates
Effective 10/30/2024
| Fixed Rate | |||
|---|---|---|---|
| 1st Year Rate | 3.00% | ||
| Current Rate Guarantee | 1 Yr | ||
| Aging of America Index | |||
| Index Crediting Strategy | No Rider | Growth Rider | Income Multiplier |
| 1-year with point-to-point participation rate | 150% | 200% | 150% |
| 2-year with point-to-point participation rate | 200% | 275% | 200% |
| 3-year with point-to-point participation rate | 250% | 350% | 250% |
| S&P 500 ® | |||
| Index Crediting Strategy | No Rider | Growth Rider | Income Multiplier |
| 1-year with point-to-point participation rate | 28% | 38% | 28% |
| 1-year with point-to-point cap rate | 5% | 5.95% | 5% |
| Two-year with point-to-point participation rate | 38% | 53% | 38% |
| Rider Fees | |||
| Surrender Periods | 5 Year | 7 Year | 10 Year |
| Growth Rider | 1.25% | 1.25% | 1.25% |
| Income Multiplier | 0.95% | 0.95% | 0.95% |
Interest rates are subject to change without notice. Quoted rates may vary due to state regulations and taxes. Products, features, and riders may not be available in all jurisdictions. Refer to the policy for all terms and conditions. All Guarantees are based on the claims-paying ability of Atlantic Coast Life Insurance Company.
The Aging of America Index is a volatility-controlled index that may include a fee in the computation of the index value.
Solactive Disclosure: The Aging of America Index (the “Index”) is a Solactive AG (“Solactive”) owned index. The Aging of America Index, and any trademarks, service marks and logos related thereto are service marks of Solactive. Solactive has no relationship to Atlantic Coast Life Insurance Company, other than the licensing of the Aging of America Index and its service marks for use in connection with this fixed indexed annuity and is not a party to any transaction contemplated hereby. This fixed indexed annuity is not sponsored, endorsed, sold, guaranteed, underwritten, distributed or promoted by Solactive or any of its affiliates. Solactive makes no representation or warranty, express or implied, regarding the suitability of annuities for your financial situation generally, or fixed indexed annuities or the investment strategy underlying this fixed indexed annuity particularly, the ability of the Aging of America Index to perform as intended, the merit (if any) of obtaining exposure to the Aging of America Index or the suitability of purchasing or holding interests in this fixed indexed annuity. Solactive does not have any obligation to take the needs of the holders of this fixed indexed annuity into consideration in determining, composing or calculating the Aging of America Index. Solactive has not created, published, or approved this document and accepts no responsibility or liability for its contents or use. Obligations to make payments under this fixed indexed annuity are solely the obligation of Atlantic Coast Life Insurance Company and are not the responsibility of Solactive.
SOLACTIVE DOES NOT GUARANTEE THE ACCURACY AND/OR COMPLETENESS OF THE AGING OF AMERICA INDEX OR OF THE METHODOLOGY UNDERLYING THE INDEX, THE CALCULATION OF THE INDEX OR ANY DATA SUPPLIED BY IT FOR USE IN CONNECTION WITH THIS FIXED INDEXED ANNUITY. SOLACTIVE EXPRESSLY DISCLAIMS ALL LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT OR CONSEQUENTIAL DAMAGE EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
The “S&P 500®” is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by Atlantic Coast Life Insurance Company. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Atlantic Coast Life Insurance Company. Retirement Plus Multiplier® is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500®.
ATLANTIC COAST LIFE INSURANCE COMPANY IS A MEMBER OF THE A-CAP FAMILY