Plan A with Target Income 10® may be Lifetime Income, but the story doesn’t end there.
With 3 different indices and 6 index strategies available, plus a fixed account, you have options to grow your money.
Not only that, but Delaware Life is committed to offering competitive rates and index factors on Target Income 10®, unlike some other lifetime income products that offer great lifetime income but little growth potential. Plus, as a Fixed Indexed Annuity, Target Income 10®offers traditional benefits like downside protection and tax deferral.
You can select from any combination of the following indices, and change at the end of each crediting term:
CROCI Sectors III USD 5.5% Volatility Control Index
This index, sponsored by Deutsche Bank, represents an array of global equity/stock markets and selected industry sectors, balanced by a cash component to help limit overall volatility. It offers a significant amount of global exposure, because the index tracks stocks in the U.S., Europe and Japan.1
Morgan Stanley Global Opportunities Index
This index uses a rules-based multi-asset strategy and a trend-following methodology to make allocations to global equities, interest rates and commodities. This approach diversifies risk and balances exposure to various market risk factors to reduce the portfolio’s natural volatility. The index is managed to a 5% target volatility over the long term and may also include a cash allocation to reduce overall volatility.
S&P 500® Index
The S&P 500® Index option may be a good choice for those who want to earn interest based on the performance of a range of large U.S. businesses. The index is widely regarded as a premier benchmark for the domestic stock market. It contains stocks from 500 leading companies in various industries.
Payments allocated to this option will be credited with a fixed interest rate that is specified on the date the contract is effective. Each year, Delaware Life will declare new interest rates to reflect current conditions, but never less than a minimum guaranteed rate. If you want more certainty about the amount of interest that will be credited to your account value, this may be the choice for you.