CL Tarrant Trail
About this product
The CL Tarrant Trail Annuity is a single premium, tax-deferred fixed annuity offering a guaranteed interest rate for the first year, including a 1% bonus. It features a "bailout" provision, allowing policyholders to withdraw funds without surrender charges or market value adjustments if the renewal interest rate falls below the contract's stated bailout rate.Starting in the second contract year, policyholders may take penalty-free withdrawals of up to 10% of the account value or the required minimum distribution (RMD), whichever is greater. The annuity also provides a death benefit equal to the full account value.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 1 Years | 7.00% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $20,000.00 - $1,000,000.00 | 7% |
| Features | |
| Maximum Issue Age | 90 years |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
- Life Income Only: Payments for the rest of your life, stopping upon death
- Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
- Life with Period Certain: Lifetime payments with a minimum guaranteed period
- Joint Life: Payments continue for both you and your spouse's lifetimes
- Systematic Withdrawal: Regular withdrawals of a specified amount or percentage