1 Your principal is protected against market losses and guaranteed under the base contract. If the optional rider is elected, fees will be deducted from the contract value and this could potentially result in a loss of principal if the contract has had interest credits less than the fees.
2 Products offering a bonus may offer lower crediting than non-bonus products which over time may or may not offset the value of the bonus
3 Optional riders involve an added fee that is deducted from the contract value.
4 All S&P 500 index performance used to calculate the indexed account credit excludes dividends.
An investment in the contract is subject to possible loss of principal and earnings, since a surrender charge and market value adjustment may apply to withdrawals or upon surrender of the contract. Lifetime payments and guarantees are based on the claims paying ability of Nassau Life and Annuity Company and PHL Variable Insurance Company.
Nassau Personal Retirement Choice (19FIA, ICC19EIAN and ICC19EIA) is issued by Nassau Life and Annuity Company (Hartford, CT). In California, Nassau Life and Annuity Company does business as “Nassau Life and Annuity Insurance Company.” Nassau Life and Annuity Company is not authorized to conduct business in MA, ME, MN and NY.
Nassau Life and Annuity Company is a subsidiary of Nassau Financial Group.
Withdrawals are subject to ordinary income tax, and if taken prior to age 59½, a 10% tax penalty may also apply.
The S&P® 500 Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by Nassau Life Insurance Company and its affiliates. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“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 Nassau Life Insurance Company and its affiliates. “S&P 500” and “S&P” are trademarks of Standard & Poor’s Financial Services LLC and have been licensed for use by SPDJI and Nassau Life Insurance Company and its affiliates. Nassau Personal Retirement Choice Annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or Standard & Poor’s Financial Services LLC and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.
The CS Tactical Multi Asset Index™ is sponsored and published by Credit Suisse. We have entered into an exclusive license agreement with Credit Suisse providing for the right to use the CS Tactical Multi Asset Index and related trademarks in connection with our indexed annuities. The annuities are not sponsored, endorsed, sold or promoted by Credit Suisse. Credit Suisse makes no representation or warranty, express or implied, regarding the advisability of investing in the annuities, and has no obligation or liability in connection with the administration, marketing or sale of Nassau annuities.
The information above, including the Product Disclosure and the Rider Disclosure Document is intended for use by the general public and is not individualized to address any specific investment objective. It is not intended as investment or financial advice. We encourage you to consult with an advisor who can tailor a financial plan to meet your needs.
Nassau Personal Retirement Choice is an insurance contract, not an investment; it doesn’t provide ownership of any stocks, bonds, index funds, or any other securities.
FOR AGENT USE ONLY