With DualTrack Income™ fixed index annuity, you don’t have to choose. A Guaranteed Lifetime Withdrawal Benefit (GLWB) rider tracks two growth paths – the safety of a guaranteed roll-up and the growth potential of a performance multiplier base – and then gives you the higher value to power up your growth potential.
Fixed Index Annuity
Delaware Life DualTrack IncomeTM
Safety or growth – why not both?
Rates DualTrack Income™ Product Information
DualTrack Income™ offers guaranteed lifetime income with a dual-growth path GLWB, milestone stack credits for compounding growth and optional spousal coverage.
DualTrack Income™ Index and Crediting Strategies Information
DualTrack Income™ allows you to allocate your money in one or a combination of index strategies from leading investment managers.
Tracking two income paths
DualTrack Income™ includes a GLWB1 that tracks the growth of two income paths2 – a roll-up base and a performance base – and gives you the greater of the two.
Annual income
Your annual income will be based on the greater of:
Roll-up base: 9% annual compound interest for up to 10 years.
Performance base: 150% of earned interest each year, until you elect to start lifetime income or the day you elect to start taking income, if sooner.
Milestone stack
Both bases are set to the greater value at the 5th and 10th contract anniversaries.
If you defer income for more than 10 years, allowing you to take advantage of compounding growth, your GLWB can continue to grow via the 150% performance multiplier.
DualTrack IncomeTM Legal Disclosures
1 GLWB is required at issue for an additional cost of 1.20% of the withdrawal benefit base. For more product details, please refer to the product snapshot and the disclosure statement.
2 Withdrawals come from your account value. If your account value declines or reduces to zero, your income payments will continue for the remainder of your life, or your life and your spouse’s life if you elect joint life income, as long as you follow the rules set out in your DualTrack Income™ contract or if your account value hasn’t gone to zero because of excess withdrawals.
Annuities are long-term financial vehicles designed for retirement purposes. These policies may not be available in all states, and product features vary by state. The surrender value will not be less than the minimum value required by your state. Delaware Life DualTrack Income™ fixed index annuity has age eligibility requirements, minimum premium amounts, systematic withdrawal limits, and qualifying requirements for waiver of withdrawal and surrender charges. For more details, including limitations and exclusions, ask your financial professional or refer to the Delaware Life Target Income 10® product brochure.
Fixed index annuities are not securities, do not participate directly in the stock market or any index, and are not investments. It is not possible to invest directly in an index.
Annuities are issued and guarantees are backed by the financial strength and claims-paying ability of Delaware Life Insurance Company (Zionsville, IN). Products, riders, and features may vary by state, and may not be available in all states. This material may not be approved in all states. Ask your financial professional for more information.
This communication is for informational purposes only. It is not intended to provide, and should not be interpreted as individualized investment, legal or tax advice. To obtain such advice, please consult with your investment, legal or tax professional.
Delaware Life Insurance Company is authorized to transact business in all states (except New York), the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Contracts are issued by Delaware Life Insurance Company. For use with policy forms ICC24-DLIC-FIA-MSP and rider form ICC24-DLIC-EARPAR. Policy and rider form numbers may vary by state.