Strategic Design Annuity X Discontinued 12/15/20
Get your SDAX business in now
Effective Dec. 15, Strategic Design Annuity X (SDAX) fixed index annuity will be discontinued
New business guidelines: SDAX applications must be received in the Home Office by 5 p.m. Central Time Dec. 14, or submitted through e-App before 11:59 p.m. Dec. 14.
Standard rate hold applies, please refer to the new business guidelines section on our rate sheet for pending business handling.
Consider the NAC IncomeChoice® fixed index annuity, offering strong income potential:
- Built-in1 guaranteed lifetime withdrawal benefit (GLWB) rider with no rider charge
- GLWB stacking roll-up credit – up to 20 year roll-up period
- Lifetime income option2 – with competitive level or increasing payouts
Check out the NAC IncomeChoice quick reference guide and product availability in your state.
1. While certain included features may have no explicit cost, a product with a built-in GLWB feature may offer lower credited interest rates, lower index cap rates, lower participation rates and/or greater index margins than products that don’t have these built-in features.
2. Income available on or after the 50th birthday. “Income” or “lifetime income” refers to guaranteed payment of lifetime payment amounts (“LPAs”) as defined in the rider. It does not refer to interest credited to the contract. Advise clients to consult with their own tax advisor regarding tax treatment of LPAs, which will vary according to individual circumstances.