Indextra Series Single Premium Deferred Fixed Indexed Annuity (FIA)
The Indextra® single premium deferred fixed indexed annuity earns interest based in part on changes in a market index,1 which measures how markets or parts of markets perform. The product offers the choice to split premium among eight allocation options. These include one linked to the S&P 500® Index, six linked to custom-designed indices sponsored by Goldman Sachs and J.P. Morgan, and a fixed interest option. Indextra also offers protection against loss of principal in the form of a Guaranteed Minimum Account Value and an optional Guaranteed Lifetime Withdrawal Benefit is available for an additional charge.
Issuer(s): Integrity Life Insurance Company
A Path for Retirement: Indextra
Now there’s a way with an INDEXED annuity offering EXTRAS that combine index-associated interest crediting and account value protection all in one
a fixed indexed annuity called INDEXTRA.
Here’s how it works.
Indextra allows money to be split among multiple paths for potential growth.
All but one are associated with an index.
One has a fixed interest rate.
Account value may grow with the indexed interest options but will never decline due to index performance.
One path is based on a custom index created just for Indextra by Goldman, Sachs & Company ... a name well known in financial markets.
It’s the GS Momentum Builder® Multi-Asset Class Index.
And it’s measured over 12, 24 or 36 months.
The account is credited with interest, if any, as determined by the index performance and adjusted by a participation rate.
That rate may be below, at, or even above 100% (but never lower than 10%).
So there’s opportunity for interest crediting based in part on positive changes in market indexes.
Many other indices are composed of only one asset class.
This index has six … for greater diversification. Plus, it includes a volatility control feature.
It seeks a steadier path – in both rising and declining markets – which may dampen risk and smooth returns.
Another allocation path comes from J.P. Morgan, a global financial services firm.
It’s the J.P. Morgan Strategic Balanced(SM) Index.
It also measures over 12, 24 or 36 months.
Any interest credited under this index is adjusted by a participation rate which may be below, at, or above 100% (but never lower than 10%).
And it, too, offers opportunity for interest crediting based in part on positive changes in market indexes.
This index seeks consistent returns while smoothing the impact of market swings.
It does so by allocating daily between two diversified components.
The stock component is an exchange-traded fund made of stable stocks with high dividends.
The bond component is a rules-based index that dynamically allocates among four bond market sectors comprised of 12 fixed income ETFs.
Now that you know how the Goldman Sachs and J.P. Morgan indexes work, it’s also important to know a big benefit of both.
Each has no interest rate cap, so your opportunity is free of that limitation.
That’s a positive that can create an investment edge.
In addition to all the index choices, Indextra also has a fixed interest rate path.
Solid, steady growth to count on.
It always credits at least 1% annual interest.
So as you can see, Indextra offers many paths.
It’s possible to choose all of them.
Or a few. Or just one.
It’s up to you.
Plus there’s flexibility.
You can change your choices at certain points.
Whatever the path, Indextra’s advantages stand out.
In an up market, account value can grow.
And even in a down market, account value is guaranteed to grow thanks to a Guaranteed Minimum Account Value benefit.
In fact, account value can never decline due to losses in the market.
Another extra of Indextra comes at retirement.
A stream of income can be elected and insured to last a lifetime.
That’s protected income that can’t be exhausted ... no matter how long it’s needed.
Of course, a financial product is only as good as the company that backs it.
Indextra offers the added advantage of being backed by the full strength and confidence of Integrity Life, a company with a strong Comdex ranking.
And Integrity Life is a member of Western & Southern Financial Group, a Fortune 500 company with a heritage dating to 1888.
Strong points to consider when mapping your retirement course.
To sum up, Indextra can help put your retirement planning on a path that offers growth options you can choose among
and income options you count on all backed by real company strength.
See a financial professional or visit us online for more information.
1 Single Premium Deferred Fixed Indexed Annuity earns interest based in part on changes in a market index and any return may also be subject to cap or participation rate.
This fixed indexed annuity is not sponsored, endorsed, sold, guaranteed, underwritten, distributed or promoted by Goldman, Sachs & Co. LLC or any of its affiliates with the exception of any endorsement, sales, distribution or promotion of this product that may occur through its affiliates that are licensed insurance agencies (excluding such affiliates, individually and collectively referred to as “Goldman Sachs”). Goldman Sachs makes no representation or warranty, express or implied, regarding the advisability of investing in annuities generally or in fixed indexed annuities or the investment strategy underlying this fixed indexed annuity, particularly, the ability of the GS Momentum Builder® Multi-Asset Class Index to perform as intended, the merit (if any) of obtaining exposure to the GS Momentum Builder® Multi-Asset Class Index, or the suitability of purchasing or holding interests in this fixed indexed annuity. Goldman Sachs does not have any obligation to take the needs of the holders of this fixed indexed annuity into consideration in determining, composing or calculating the GS Momentum Builder® Multi-Asset Class Index. GOLDMAN SACHS DOES NOT GUARANTEE THE ACCURACY AND/OR COMPLETENESS OF GS MOMENTUM BUILDER® MULTI-ASSET CLASS INDEX OR OF THE METHODOLOGY UNDERLYING THE INDEX, THE CALCULATION OF THE INDEX OR ANY DATA SUPPLIED BY IT FOR USE IN CONNECTION WITH THIS FIXED INDEXED ANNUITY. GOLDMAN SACHS EXPRESSLY DISCLAIMS ALL LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT OR CONSEQUENTIAL DAMAGE EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
"Goldman Sachs," "Goldman," "GS Momentum Builder®" and "GS Momentum Builder® Multi-Asset Class Index" are trademarks or service marks of Goldman Sachs & Co. LLC. and have been licensed for use by the insurance company issuing this annuity for use in connection with certain fixed indexed annuities.
The J.P. Morgan Strategic Balanced Index (“Index”) has been licensed to Western & Southern Financial Group, Inc. (the “Licensee”) for the Licensee’s benefit. Neither the Licensee nor Indextra Fixed Indexed Annuity (the “Annuity Product”) is sponsored, operated, endorsed, recommended, sold or promoted by J.P. Morgan Securities LLC (“JPMS”) or any of its affiliates (together and individually, “J.P. Morgan”). J.P. Morgan makes no representation and gives no warranty, express or implied, to purchasers of the Annuity Product nor does J.P. Morgan have any liability for any errors, omissions or interruptions of the Index. Such persons should seek appropriate professional advice before making an investment or purchasing insurance. The Index has been designed and is compiled, calculated, maintained and sponsored by J.P. Morgan without regard to the Licensee, the Annuity Product or any policyholder. J.P. Morgan is under no obligation to continue compiling, calculating, maintaining or sponsoring the Index. J.P. Morgan may independently issue or sponsor other indices or products that are similar to and may compete with the Index and the Annuity Product. J.P. Morgan may transact in assets referenced in the Index (or in financial instruments such as derivatives that reference those assets). These activities could have a positive or negative effect on the value of the Index and the Annuity Product.The S&P 500® Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”) and has been licensed for use by [Licensee]. Standard & Poor’s®, S&P®, and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by [Licensee]. It is not possible to invest directly in an index. [Licensee’s Product(s)] are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or any of their respective affiliates (collectively, “S&P Dow Jones Indices”). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the [Licensee's Product(s)] or any member of the public regarding the advisability of investing in securities generally or in [Licensee's Product(s)] particularly or the ability of the S&P 500® Index to track general market performance. Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices only relationship to [Licensee] with respect to the S&P 500® Index is the licensing of the Index and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The S&P 500® Index is determined, composed and calculated by S&P Dow Jones Indices without regard to [Licensee] or the [Licensee’s Product(s)]. S&P Dow Jones Indices has no obligation to take the needs of [Licensee] or the owners of [Licensee’s Product(s)] into consideration in determining, composing or calculating the S&P 500® Index. S&P Dow Jones Indices is not responsible for and have not participated in the determination of the prices, and amount of [Licensee’s Product(s)] or the timing of the issuance or sale of [Licensee’s Product(s)] or in the determination or calculation of the equation by which [Licensee’s Product(s)] is to be converted into cash, surrendered or redeemed, as the case may be. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of [Licensee’s Product(s)]. There is no assurance that investment products based on the S&P 500® Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an investment or tax advisor. A tax advisor should be consulted to evaluate the impact of any tax-exempt securities on portfolios and the tax consequences of making any particular investment decision. Inclusion of a security within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, nor is it considered to be investment advice.
NEITHER S&P DOW JONES INDICES NOR THIRD PARTY LICENSOR GUARANTEES THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P 500® INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY [LICENSEE], OWNERS OF THE [LICENSEE’S PRODUCT(S)], OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P 500® INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND [LICENSEE], OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES.
Single Premium Deferred Annuity Contract with Indexed Interest Options series ICC14 ENT-03 1406, ICC20 EE.44 GMAV-5 2002, EE.44 GMAV-5 2002, ICC14 EE.21 GMAV-7 1406, ICC14 EE.22 GMAV-10 1406, ICC14 EE.23 SI-MY-PTP 1406, ICC16 EE.23 SIMY- PTP-A 1608, ICC16 EE.23 SI-MY-PTP-B 1608, ICC16 EE.23 SI-MY-PTP-C 1608, ICC16 EE.23 SI-MY-PTP-D 1608, ICC16 EE.23 SI-MY-PTP-E 1608, ICC14 EE.23 SI-PTP 1406, ICC16 EE.23 SI-PTP-A 1608, ICC16 EE.23 SI-PTP-B 1608, ICC16 EE.23 SI-PTP-C 1608, ICC16 EE.23 SI-PTP-D 1608, ICC16 EE.23 SI-PTP-E 1608, ICC15 EE.23 SI-OY-PTP 1511, ICC16 EE.23 SI-OY-PTP-A 1608, ICC16 EE.23 SI-OY-PTP-B 1608, ICC16 EE.23 SI-OY-PTP-C 1608, ICC16 EE.23 SI-OY-PTP-D 1608, ICC16 EE.23 SI-OY-PTP-E 1608, ICC14 EE.24 ROP 1406, ICC14 EE.25 WWC 1406, ICC14 ER.03 GLWB-I 1406 and ICC14 ER.04 GLWB-S 1406.
Payment of benefits under an annuity contract is the obligation of and is guaranteed by, the insurance company issuing the annuity. Guarantees are based on the claims-paying ability of the insurer. W&S Financial Group Distributors, Inc., is an affiliated agency of the issuer. Issuer has sole financial responsibility for its products. This contract has limitations. Annuity benefits offered may vary due to misstatement of sex or age. Interest rates are declared by the insurance company at annual effective rates, taking into account daily compounding of interest.
The Indexed Interest Options have a guaranteed interest rate that will never be less than 0%, even if the index(es) goes down. The interest rate for the Fixed Interest Option is declared in advance, guaranteed for one Index Year and will never be less than 1%.
Earnings and pre-tax premium payments are subject to ordinary income tax at withdrawal. Withdrawals prior to age 59½ are generally subject to a 10% IRS penalty tax. A charge may be assessed against the annuity value if a withdrawal is made during the withdrawal period is made that exceeds the free amount.
Western & Southern member companies and their agents do not offer tax advice. For specific tax information, consult your attorney or tax advisor.
Product and feature availability, as well as benefit provisions, vary by state. See your financial professional for availability, details, and limitations.
No bank guarantee. Not a deposit. May lose value. Not FDIC/NCUA insured. Not insured by any federal government agency.