Single Premium Deferred Annuity

Have you recently received a lump sum and are wondering what to do with it? Catholic Order of Foresters offers an ADVANTAGE Plus™ annuity as a solution. This annuity allows for a single premium and offers the highest rate of all our annuity products. If you don’t need to make additional future contributions, the ADVANTAGE Plus annuity may be a great fit.

ADVANTAGE Plus^TM

Purchase an ADVANTAGE Plus annuity annuity with Catholic Order of Foresters, and receive:

Guaranteed stability on principal
Tax-advantaged growth¹
Lifetime income during retirement
Peace of mind

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¹Neither COF nor its agents provide tax advice.

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ADVANTAGE Plus Fact Sheet

Issued by	Catholic Order of Foresters is a 501(c)(8) fraternal benefit life insurance society
Product	Advantage Plus Single Premium Deferred Annuity offered on either a qualified¹ or non-qualified tax basis
Issue Ages	0 – 85 Age last birthday
Minimum Initial Contribution	$5,000
Maximum Contribution	$300,000 without prior approval
Additional Contributions	Not permitted
Interest Crediting	Initial interest rate determined by contribution amount when received. Initial interest rate guaranteed for one year. At end of initial interest rate guarantee period, annuity will receive current credited rate that will never be less than the minimum interest rate stated in your policy
Administrative Fee	None
Accumulated Values	Based on contribution received, less withdrawals and surrender charges, together with accumulated interest.
Surrender Values	Equals Accumulated Value less surrender charge.
Surrender Charges	Policy Year 1 2 3 4 5 6 7 8 Surrender Charge % 8% 8% 7% 6% 5% 4% 3% 0%
Surrender Charge Waiver Provisions	Surrender charge waived on partial withdrawals occurring in policy year two and later² when member incurs one of the following: – Nursing home confinement (up to 50%) after 90 days, only through issue age 80 – Heart attack occurrence (up to 25%) – Internal cancer diagnosis (up to 25%)
Withdrawals³	After the first anniversary, the owner may withdraw up to 10% of the Accumulated Value as of the immediately preceding contract anniversary without a surrender charge in any one contract year.
Death Benefit	Accumulated Value at date of death

¹Tax-qualified retirement plans (Traditional IRAs, TSAs, SEPs, and SIMPLE IRAs) already provide tax deferral under the Internal Revenue Code, so the tax deferral of an annuity does not provide any additional benefit.
²Limited to a single episode of any of the above events
³Withdrawals may be subject to regular income tax and, if made prior to age 59½, could be subject to a 10% IRS penalty. Surrender charges may also apply.

SPDA 2011 A SP10010

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Single Premium Deferred Annuity

ADVANTAGE PlusTM

ADVANTAGE Plus^TM