In the event of the owner’s death, the death benefit is equal to the account value of both the mutual funds and fixed annuity at the time all the paperwork is received "in good order."
All guarantees are backed by the claims-paying ability of The Variable Annuity Life Insurance Company.
The Buyer's Guide is required by many states for clients who purchase fixed annuity IRA and nonqualified plans. It provides a general overview of deferred fixed annuity products.
Buyer's Guide for clients in the following states: AK, AR, FL, GA, OR and RI.
Buyer's Guide for clients in the following states: AL, AZ, CO, HI, IA, ME, MO, MT, NC, ND, NH, NJ, NM, NV, OH, OK, UT, and VT.
Kentucky Buyer's Guide
South Carolina Buyer's Guide
Wisconsin Buyer's Guide
Note: Buyer's Guides are not required in CA, CT, DE, ID, IL, IN, KS, LA, MD, MA, MI, MN, MS, NE, NY, PA, SD, TN, TX, VA, WA, WV, and WY.
Fees and charges
Annual custodial fee up to $40 depending on your custodial document
Mutual fund management fees (See prospectus for more information)