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DISCONTINUED PRODUCT - Product not available to new enrollees.

Future Provider Bonus
Product ID: 122

Vendor:
Americo Financial Life and Annuity Insurance Company/Great Southern Life Insurance Company
Type:
Equity Indexed Annuity 
Discontinued Discontinued


1%
AM Best:
A
10 Years / 8.40%
Yes
Roth Eligible





Future Provider is an indexed flexible premium deferred annuity with multiple crediting options based on the performance of the S&P 500r Index or the NASDAQ-100r Index. Future Provider Bonus also offers a 4% first-year premium bonus. Future Provider Bonus also has Enhanced Death Benefit Payout Options with the Death Benefit Payout Rider (Rider Series 2152). Please contact your local representative for current rates and to view all crediting options. Future Provider (Policy Series 267) and the Waiver of Surrender Charge Upon Nursing Home or Hospital Confinement Endorsement (Series 4139) are underwritten by Americo Financial Life and Annuity Insurance Company, Kansas City, MO. Some products and benefits may not be available in all states. Certain restrictions apply. For further informati

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Loans are available for qualified plans (an endorsement containing the loan provisions is issued with a qualified contract). The owner may borrow from the cash surrender value a minimum of $250 and a maximum of 50 percent of the accumulation value not to exceed $50,000. The entire accumulation value, including the amount borrowed, continues to grow according to the indexed rate. Qualified loans are subject to repayment rules and other regulations imposed by the IRS.

Amounts for required minimum distributions will be paid upon a client's request as required by law. RMD amounts in excess of the 10% penalty-free withdrawal are subject to a surrender charge.

Yes

Riders are amendments to the annuity contract that typically add to your costs. make sure you inquire about any additional costs. The following riders exist for this product:

The Waiver of Surrender Charge Upon Nursing Home or Hospital Confinement Endorsement (Series 4139):
The Waiver of Surrender Charge Upon Nursing Home or Hospital Confinement Endorsement (Series 4139) is issued without charge on all contracts. After contract issue, if the owner is confined for at least 90 consecutive days in a qualified nursing home or hospital, all surrender charges will be waived. The surrender request plus proof of confinement must be received in the Home Office no later than 30 days after discharge.
We will pay equal monthly payments for the lifetime of the annuitant and the joint annuitant. Payments end with the payment just before the death of the survivor of the Annuitant and the Joint Annuitant. There is no death benefit under this settlement option.
We will pay equal monthly payments for the Annuitant's remaining lifetime. Payments end with the payment due just before the Annuitant's death. There is no death benefit under this settlement option.
We will pay equal monthly payments for the longer of: (a) the Annuitant's life; or (b) the fixed period certain. The fixed period certain may be 10 years (120 months), 15 years (180 months) or 20 years (240 months), but in no event may such fixed period certain exceed the Annuitant's life expectancy. If the Annuitant dies during the fixed period certain, the remaining fixed period certain payments will be paid to the beneficiary until all the remaining payments under the fixed period certain have been paid.
We will pay an annual payment equal to the cash surrender value divided by the payee's life expectancy. During the payee's life on each anniversary of the first payment, we will divide the funds remaining by the payee's then applicable life expectancy based on actuarial principles. Any funds remaining on the payee's death will be paid to the beneficiary.
The payee may receive the value of the contract in a lump sum at the completion of the accumulation period.
We will pay equal annual, semiannual, quarterly or monthly payments for a fixed period certain of up to thirty (30) years, but in no event may such fixed period certain exceed the Annuitant's life expectancy. If the Annuitant dies during the fixed period certain, the remaining fixed period certain payments will be paid to the beneficiary until all the remaining payments under the fixed period certain have been paid. After the annuitant's death, the beneficiary may designate a payee to receive any remaining payments payable if the beneficiary dies before all of the payments under the fixed period certain have been made.
Investment Year Bonus Rate
1 4%

These rates may change without notice. Contact your provider for the most current rates.


Point-to-Point
Averaging
S & P 500
Nasdaq 100
Point-to-point In the point-to-point methodology, the closing values of the applicable index at the beginning and end of the year are compared [(ending value - beginning value)/beginning value]. The annual indexed crediting rate applied to the participation account will be determined by adjusting this index rate by the current Participation Rate, Spread, or Cap. Monthly Averaging: In the Monthly Averaging method, the average of the twelve monthly S&P 500 Index closing values over the year is calculated and compared to the beginning value [(average value - beginning value)/beginning value]. The annual indexed crediting rate will be determined by adjusting this index rate by the current Participation Rate, Spread or Cap. EZ Option: At the beginning of the Index Period, we will desig

This product has five available combinations of Cap, Spread and Participation Rate. The method chosen will determine the current and guaranteed rates. The rates represented here are for the Point-to-Point, S&P 500, uncapped option. There is no Cap for this option.
3.00
9.00
1
In advance of each year-long index period.
53.00%
Yearly, after first ten contract years.

5 years
1 year
The surrender charge is equal to a percentage of the amount surrendered. The surrender charge schedule is shown on the contract's data page.
1.50%


All 403(b) products contain fees. The amount of fees varies greatly depending on the product. A slight increase in fees can substantially reduce the growth in your account which will reduce your income in retirement. To learn more about the impact of fees, and the different types of fees please refer to the Explanation of Fees piece located in the Help & Resources.

Fees

$25.00 At the time of loan origination Flat Dollar Amount No No Yes

Surrender Charges

Surrender Period* Surrender Percentage
1 8.40%
2 8.20%
3 7.20%
4 6.20%
5 5.20%
6 4.20%
7 3.10%
8 2.10%
9 1.00%
10 0.00%

*Expressed in contract years


Exceptions to the Surrender Charge:
Percent of contract value:
10.00%
Death:
Yes
Other Restrictions:
A Nursing Home Waiver is issued without charge on all contracts. After contract issue, if the owner is confined for at least 90 consecutive days in a qualified nursing home or hospital, all surrender charges will be waived. The surrender request plus

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