1 These contracts and benefits may not be available in all states, and benefits may vary by state.
2 Annual renewal rates are paid after the first guarantee period (Minimum rate is 1.00%).
3 Withdrawals and earnings are subject to ordinary income tax. Withdrawals prior to age 59 1/2 may incur an IRS 10% penalty tax. The minimum withdrawal is $250 and at least $2,500 must remain in the account after the withdrawal. All withdrawals and payments during a guarantee period except death benefits and required minimum distributions are subject to a market value adjustment. Systematic withdrawals are not available if partial withdrawals have been made in the same contract year. Withdrawals will reduce the contract value. Withdrawals in excess of this amount are subject to surrender charges. Surrender charges are as follows: Year 1, 7%; Year 2, 7%; Year 3, 7%; Year 4, 6%; Year 5, 5%; Year 6, 4%; Year 7, 3%; Year 8+, 0%. Neither Columbus Life Insurance Company nor its agents, offer tax advice. For specific tax information, consult your attorney or tax advisor.
4 Following the first year, the initial rate less the enhancement will be guaranteed for the remainder of the period you selected.
5 Withdrawals and earnings are subject to ordinary income tax. Withdrawals prior to age 59 1/2 may incur an IRS 10% penalty tax. All withdrawals and payments during a guarantee period except death benefits and required minimum distributions are subject to a market value adjustment. Systematic withdrawals are not available if partial withdrawals have been made in the same contract year. Withdrawals will reduce the contract value.
6 Interest earnings grow tax deferred until received. Distributions from non-qualified annuities and IRAs are subject to ordinary income tax. Distributions from a Roth IRA are tax free after age 59½ if the plan has been established for at least five years. Withdrawals prior to age 59½ may incur a 10% IRS penalty tax in both Traditional IRA and Roth IRA plans and in non-qualified annuities.
Payment of the benefits of Columbus Life Insurance Company products is backed by the full financial strength of Columbus Life Insurance Company, Cincinnati, Ohio. Guarantees are based on the claims-paying ability of the insurer.
Columbus Life Insurance Company is a member of Western & Southern Financial Group, Inc.
Contract series Single Premium Deferred Fixed Annuity CL 81-I 0407, Additional Waiver of Surrender Charge Rider (Terminal Illness) series CLR-132 0010, Additional Waiver of Surrender Charge Rider (Long Term Care) CLR-133 0010 and Enhanced Death Benefit Rider CLR-156 0208 issued by Columbus Life Insurance Company.
