Jane is a 65-year-old female who’s considering adding a variable annuity to her portfolio. After consulting with her financial professional, she invests in a Protective Aspirations variable annuity with the SecurePay Protector benefit. The chart below shows how Jane used the SecurePay Reserve benefit to support her income needs in retirement. JANE Jane now decides to Jane's reserved amount reaches the maximum value (3x her annual $60,000 take a trip and help withdrawal amount) of $36,000. Jane begins income with a maximum her grandchildren Jane withdraws the full reserve amount (3x her annual withdrawal annual withdrawal amount of $12,000. with college expenses amount) using SecurePay Reserve. She is also able to withdrawal $50,000 and takes a $12,000 her current year's benefit of $12,000, making her total withdrawal withdrawal. amount $48,000. $40,000 At 72, Jane gains another income Now that Jane’s reserve amount is depleted, she can start $30,000 source and decides to defer all of her taking her usual $12,000/year withdrawals, or take less and annual withdrawal amount. continue to defer funds by using SecurePay Reserve Withdrawal amount$20,000 to rollover the excess income. $10,000 $0 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 Age Actual amount withdrawn Annual withdrawal amount (AWA) Reserve amount This chart is hypothetical and for illustrative use only. It is intended solely to demonstrate the SecurePay Reserve benefit. The chart is not intended to forecast, imply or guarantee performance of any investment. Actual performance may vary. This hypothetical example assumes a 65 year-old female makes a single premium investment of $200,000 in Protective Aspirations variable annuity with the SecurePay Protector benefit selected at issue. There is no deferral period and she elects to begin taking her SecurePay Protector withdrawals at age 65 at a 6.00% withdrawal rate. She defers her annual withdrawal amount using the SecurePay Reserve feature at ages 72, 73, and 75 until her account reaches the maximum deferred amount. At age 76 she elects to take her full reserved amount plus her current year AWA. Once benefit withdrawals have begun, you may take less than the annual withdrawal amount and reserve the remainder for later. The reserve can be no larger than: 1) 3x the annual withdrawal amount or 2) the current account value. Withdrawals are taken from the reserve first, then the annual withdrawal amount. For Financial Professional Use Only. Not for Use With Consumers. 29