Global Atlantic Choice Income II 7-Year Fixed Indexed Annuity


Global Atlantic Choice Income II 7 fixed index annuity is a personal pension plan designed to generate for you a retirement income for the rest of your life. 

Global Atlantic Choice Income II is a 7-year fixed indexed annuity that grows a “retirement paycheck” you can’t outlive, personalize your growth potential, and protect against down markets.


Retirement income you can’t outlive

One of two ways to grow your source of lifetime income:

Build a “retirement paycheck”…for life

Whatever “retirement” means to you, one thing’s for sure: you’ll need a source of income that’ll last as long as you do.

If you’re looking to secure a source of retirement income that will be there no matter how long your retirement lasts, consider a Choice Income 7 Fixed Index Annuity.

Personalized growth potential

You have the ability to grow your money through a broad array of fixed and index-linked interest crediting strategies. 

Down market protection

No matter how you choose to potentially grow your money, negative market performance won’t reduce it.



What is a fixed index annuity?

A fixed index annuity or FIA is a long-term savings vehicle that offers potential growth that may be linked to a market index (or indices).

FIAs are insurance contracts, not registered securities, or stock market investments.

You are never invested in the index itself.

FIAs typically feature downside market protection which may make them appropriate for people who are unwilling to risk market losses.

An FIA may help offset the ups and downs of equities (like mutual funds) in a retirement strategy.


Personalize your growth potential

In addition to providing you with a source of lifetime income, Choice Income 7 may also help you grow your contract value.

  • A strategy for steady growth: Global Atlantic Choice Income’s fixed crediting strategy can help you grow your contract value at a competitive annual fixed rate. 
  • Strategies for more growth potential: There are also a variety of other choices where the interest your contract value may earn is linked to the performance of an index, such as the S&P 500.

Every strategy includes a bailout provision which is an option to surrender your annuity contract without penalty, should certain conditions apply.


The contract value, less any applicable charges, is the surrender value, which is the money you can walk away with should you decide to cancel, or “surrender” the annuity.


An index tracks the overall performance of a group of stocks, bonds or other securities.

An index can be broadly representative of the market or be tied to a specific sector, such as technology.

Indices are used as an objective indication of market performance but are not available to invest indirectly.

Down market protection

Never experience decreases from poor market performance.

Regardless of the interest crediting strategy you select, you can’t lose money due to poor market performance with Choice Income.


Because you’re not actually purchasing shares of any index, stocks, bonds, or other market investments, you’re not subject to the volatility of unpredictable losses.

Starting your “retirement paycheck”

With Choice Income, you decide when to start receiving your income. Your Lifetime Withdrawal Percentage is how much of the Withdrawal Base you’re guaranteed to receive annually. This will be determined by your age when income starts and whether you wish to cover your life or the life of you and your spouse.

Your income won’t run out

As you start to receive income, your contract value is reduced.

The withdrawals, up to the guaranteed Lifetime Annual Payment (LAP) amount, do not reduce the Withdrawal Base, allowing your income to remain predictable.

Don’t worry if your income benefits exhaust your contract value.

You’re still guaranteed to receive the LAP every year until your death or, your spouse’s death if joint income was elected.

If death occurs while you still have a positive contract value, your beneficiaries will receive the balance as a death benefit.

Additional income for the unpredictable

Help keep your retirement on track during a healthcare need Should you face a healthcare need, Choice Income 7 has a built-in benefit at no additional cost.

The Income Enhancement Benefit provides you additional income if you are certified by a healthcare professional as being unable to perform at least two of the six Activities of Daily Living (ADLs).

  • Bathing
  • Continence
  • Dressing
  • Eating
  • Toileting
  • Transferring

With this benefit, your guaranteed annual income amount will be doubled for up to five years. Once the Income Enhancement Benefit ends, your income continues at the original guaranteed amount.

Check out a Long Term Care Annuity to supplement your long term care insurance needs.

Related Reading: How much money do you need to retire with 100000 a year income?



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