Create a Financial Legacy for Your Grandchildren and Even Great-Grandchildren

   With a Lifetime Income Annuity, you can create a legacy that spans several generations.  

For those interested in leaving a legacy for their family, a Joint Lifetime Income Annuity is an uncomplicated financial tool that helps grandparents pass on wealth to grandchildren and even great-grandchildren possibly more than a century into the future. It is a beautiful way to be remembered and appreciated by generations to come.

Multi-Generational Legacy

Take Betty, a 70-year old woman interested in leaving a legacy for her 5-year-old granddaughter Meghan. Using $100,000 from another investment, Betty purchases a Joint Lifetime Income Annuity with a 50% Death Benefit** and chooses Meghan as the joint annuitant.

 Please note that the income amounts are pre-tax dollars. There may be gift, estate and generation skipping transfer (GST) tax consequences for the grandparent/grandchild joint life option. Clients should consult with
their own professional advisors to determine the appropriateness of any course of action.
Illustration based on Lifetime Income Joint Annuity with 50% Death Benefit, 70-year-old female, 5-year-old female, $100,000 premium, rates as of 2/1/2009. Rates are subject to change, and payout will vary with age
and life expectancy. This hypothetical example is for illustrative purposes only. Illustration assumes a 2/17/1939 date of birth for the female, 2/17/2004 date of birth for the female, and an annuity payout start date of
2/17/2010. Some figures have been rounded to the nearest dollar for presentation purposes.
** This income payment option is not available for tax qualified policies or in New York and Washington.

389848CV (Exp. 12/23/2011)