Home
Products
Fixed
American Freedom Elevate 7

American Freedom Elevate 7

Offer your clients guaranteed growth with American Freedom Elevate 7. This fixed annuity offers a guaranteed rate during the seven-year term. For a complete product description, see the Product Overview in the Marketing Materials section below.

Rates

Details

Issue Ages

Inherited non-qualified 0-75Non-qualified 0-88Inherited IRA 0-75Qualified 0-88

Tax Qualifications

Non-qualifiedQualifiedInherited non-qualified403(b) (Traditional and Roth)IRA (Traditional, Roth, SEP, SIMPLE and Inherited)457(b)

Purchase Payments

Issued with single purchase paymentSubsequent allowed 60 days from issue only; Minimum: $2,000

Purchase Payment Minimums and Maximums

Minimum:

$25,000

Subsequent:

$2,000

Maximum:

$1 million for ages 0-85
$500,000 for ages 86+

Early Withdrawal Charges

7-year declining 8%, 8%, 7%, 6%, 5%, 4%, 3%

Market Value Adjustment

A market value adjustment will apply to withdrawals and surrenders during the seven-year term

Free Withdrawal Allowance

After the first contract year, 10% of the account value as of the most recent contract anniversary may be withdrawn without an early withdrawal charge or market value adjustment.During the first contract year, 10% of the purchase payment may be withdrawn without an early withdrawal charge or market value adjustment

Waivers

Terminal Illness WaiverExtended Care Waiver

Payout Options

Fixed period payoutLife payoutLife payout with payments for at least a fixed periodJoint and one-half survivor payout

Marketing Materials

View, download a zip file of selected materials and/or order materials to be shipped to you.

Agent Approved - Product Materials

Select all

Client Approved - Product Materials

Select all

Product Brochure - Fixed Annuity

Select all

Clear

All Annuities

Indexed

Fee-Based

Riders

Registered Index-Linked

Fixed

Marketing Materials

Product Rates

Calculators

Training

Marketing Materials

Forms