A series of year-end product moves will help make it easier to position the North American fixed index annuity line-up.
Effective Jan. 1, 2020 the following will be discontinued:
- NAC BenefitSolutions® 14 (10-year still available)
- Performance Choice® 12 and 12 Plus (8 and 8 Plus still available)
REMINDER: As of Sept. 24, Performance Choice 8 and 8 plus minimum premium is $20,000 (qualified and non-qualified)
- NAC RetireChoice® 10 (NAC VersaChoice® 10 still available)
- Income Pay® Plus (Income Pay® in Pennsylvania), optional guaranteed lifetime withdrawal benefit (GLWB) rider
More information available HERE.