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The Income EDGE Immediate Annuity Product Summary
- Available to client of RIAs.*
- No commission paid.
- Maximum issue age of 90 for life-contingency.
- No annual fees or reinvestment decisions.
- Income payments are guaranteed by the claims paying ability of Monumental Life Insurance Company.
- Several choices of income options, including Years Period Certain, Life Only, and Life with Years Guaranteed.
- Choice of optional inflation protection through a Cost of Living Adjustment1.
* Fees and charges inherent in investing through RIAs will apply.
1 Payments can automatically increase a maximum of 6% per year (3% maximum in IL). Not available with the Life with Cash Refund Option.
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Withdrawals may be subject to ordinary income tax and if taken prior to age 59 1/2, a 10% Federal tax penalty may apply.
The Income EDGE Single Premium Immediate Annuity issued by Monumental Life Insurance Company - Policy Form No. ASI232 8 298. May vary by state. Available in states where approved. Florida Policy Form No. ASI232 8 298 (FL); Oregon Policy Form No. ASI232 8 298 (OR). |
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