1GMWB feature does not guarantee against loss in total value of the account. These losses can lead to lack of future step-ups in the Withdrawal Benefit Base. GMWB riders are subject to an additional fee.
2Bonuses only apply during the guarantee period and are applied to the withdrawal benefit base and not the contract's accumulated value as long as no withdrawals are taken. Once a withdrawal is taken, the bonus is no longer applicable.
3Once withdrawals have started, a step-up feature is less likely to occur.
4The GMWB rider provides investment protection. However, the accumulated value is subject to gains and losses.