| OVERTURE
ACCENT!
Flexible Premium Variable Annuity
This product is closed to new sales. Information shown here is for current policyowners only.
OVERTURE ACCENT! is a low-expense flexible premium variable annuity
featuring low policy expenses and outstanding versatility.
Low Costs
Current OVERTURE ACCENT! charges are just 0.95% of the policy value with
no annual fee. Compare that to many variable annuities with charges of
1.40% plus annual fees ranging from $30 to $60. These lower fees allow
more money to work for you and can help you accumulate more.
Variety of Investment Options
In a variable annuity, the investment component consists of subaccount
investment options managed by mutual fund company advisors. OVERTURE ACCENT!
offers many investment options ranging from investment grade bonds to
international emerging markets. No matter what options you select initially,
it’s comforting to know that you have a wide range of choices if
your circumstances, goals, or the markets change. You can learn more about
these investment options by reviewing their prospectus,
semi-annual or annual
fund reports.
Tax-Deferred Accumulation
All earnings are normally tax-deferred until they are withdrawn or annuity
payments begin. This allows you to delay paying taxes until retirement
when you may be in a lower tax bracket. Plus, money which would be used
to pay current taxes is still working for you. When your earnings aren't
eroded by taxes each year, they compound faster.
Investment Transfer Flexibility
As your personal needs or outside economic conditions change, you can
transfer funds among investment options without incurring tax liabilities.
You have three choices of systematic transfer programs including portfolio
rebalancing, earnings sweep and dollar cost averaging.
A Variety of Payout Options with Favorable Tax
Treatment
When you need an income from your annuity, you can choose from a variety
of payout options. You can choose systematic monthly withdrawal to provide
an income while allowing the rest of your investment to continue working
for you. You can also choose options which provide income for a certain
number of years or for the rest of your life, guaranteed by the insurance
company. The principal part of any payout is tax-free.
Keep in mind, at the time of withdrawal the account
value may be worth more or less than the original amount invested depending
on performance and may be subject to company withdrawal charges and IRS
taxes. Prior to age 59½, withdrawals may also be subject to IRS
penalties.
Guaranteed Death Benefit
Nothing provides peace of mind like knowing that you have provided for
your loved ones. If you die before you begin taking an income from your
annuity, the company will pay your beneficiaries the amount of money you
have invested or the accumulation value if higher - generally free of
probate. In addition, your annuity offers a ratchet feature that locks-in
investment gain for the beneficiaries every year.
OVERTURE ACCENT! (Form 5184) is a variable annuity policy issued by First
Ameritas Life Insurance Corp. of New York and underwritten by its affiliate
Ameritas Investment Corp. For complete information including charges and
expenses, exclusions and limitations, refer to the prospectus available
on this web site. Read it carefully before you invest or send money.
Withdrawal charges are a percentage each premium payment
since receipt: 1 - 8%, year 2 - 8%, year 3 - 8%, year 4 - 7%, year 5 -
7%, year 6 - 6%, year 7 - 5%, year 8 - 4%, year 9 - 2%, year 10 and beyond
- 0%.
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ACCENT! VA |
ACCLAIM! VA |
ANNUITY III-P VA
