As of the contract anniversary after the client reaches the LIA Age of 58½, the rider's Covered Person can begin taking withdrawals up to an annual Lifetime Income Amount (LIA), a benefit that continues for the Covered Person's lifetime, regardless of whether the Benefit Base or contract value are depleted. The LIA Rate is 5% of the Benefit Base. Exceeding the Lifetime Income Amount may reduce the amount available in subsequent years.

75 basis points

Clients can increase their allowed withdrawal amounts through Benefit Base Bonuses that reward the client for each eligible year in which no net withdrawals are taken. Each Bonus increases the the Benefit Base by 7% of total qualifying premiums.

The period of Bonus eligibility is initially the contract's first ten years or until the oldest owner reaches age 95, and that period is reset each each time the contract is Stepped-up.

This feature can boost the Bonus rewards for clients who refrain from taking withdrawals throughout the original 10-year Bonus Period or until the anniversary after they reach age 69, whichever occurs later. Client's who meet this requirement will see their Benefit Base increased to the greater of:

• 200% of their initial investment (plus 100% of subsequent payments),
• Double the highest Step-up achieved prior to the oldest owner's age 59, or
• The current Benefit Base.

Clients can "lock-in" gains in the contract's market value, increasing both the total guaranteed withdrawals and the Lifetime Income Amount, through the Rider's Quarterly "Look Back" Step-up feature.

Step-up opportunities are offered annually on each contract anniversary, and they can increase the Benefit Base to match the current contract value or look back to the highest "quarter anniversary" contract value to occur in the previous contract year, if such an increase is beneficial to the client. Such Step-up opportunities will occur automatically up to the first contract anniversary after the oldest owner reaches age 95.

The total guaranteed amount used to calculate the Lifetime Income Amount (LIA) the client will be able to begin withdrawing upon reaching the LIA Age.

Prior to the calculation of the LIA, all withdrawals reduce the Benefit Base pro-rata.

The amount that remains available for withdrawal in the current contract year without exceeding the LIA. This amount is equal to the current LIA minus the total value of withdrawals already taken in the current contract year.

The amount of the annual withdrawal benefit guaranteed to the Covered Person for life, regardless of the remaining contract value or Benefit Base. The Covered Person is defined as the contract's oldest owner .

The LIA is initially calculated to equal Benefit Base multiplied by the LIA Rate, as first calculated when the  Covered Person reaches LIA Age.

Exceeding the LIA may result in a reduction of the LIA for subsequent contract years.