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Product Details
Income 150+ SE 10
Company social profile:
Product Name
Income 150+ SE 10
Annuity Type
FIA
Issuing Insurance Company and Ratings
Global Atlantic Financial Group
Ratings
Product Information
The Income 150+ SE 10 is a Single Premium Deferred Fixed Index Annuity with a 10 year surrender charge period, featuring: • An MVA provision. • A Guaranteed Lifetime Withdrawal Benefit (with charge). • A Bailout provision. • An Income Enhancement Benefit (with eligibility requirements). Plus(+): If income benefits do not begin within nine (9) years of contract issue, at the start of the tenth (10th) contract year, the Withdrawal Base will be credited an additional bonus of 150% of the interest earned on the contract value, adjusted proportionately for any withdrawals, during years one through nine.
Key Features
Premium Types: Single
Minimum Premium: 10,000
Maximum Premium: 1,000,000
Free Look Period: N/A
Rate Lock Period: 14 Days
Tax-Qualified: IRA, NonQual, SEP IRA, IRA-Roth
Rates
Effective Date: 28/07/2025
Initial Guarantee Period: N/A
Next Change: N/A
Premium Amount: $100,000 - See Notes (High-Band)
3 Year Guarantee Period Annual Yield:
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
Premium Amount: $100,000 - See Notes (Low-Band)
Max Premium as measured by total contribution per person for all annuities with the company
Interest rate start of year 1 through end of year 3:
Current
4.05%
4.05%
Accumulation Value (assuming no withdrawals)
Deposit Amount: $
State Approvals
Not available in GU NY PR VI
Withdrawal Provisions
First Year Withdrawals: 10%
Withdrawal Years 2+: 10%
Wait Period Interest Only : 1 Year
Withdraw from the accumulation Value After : One Year
Minimum Policy Value : $5,000
Withdrawl Calculated On: Accumulation
Date For Calculation: Issue
Systematic Withdrawl: Yes
Min Withdrawl Amount: $100
Cumulative Free Withdrawl: No
Eligibility & Restrictions
Age Limits(Owner and Annuitant): 85
Premium Limits: Max Premium as measured by total contribution per person for all annuities with the company
State Restrictions: Not available in CA DE MA SD WA
