Global Atlantic launches ForeStructured Growth RILA

NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group announced the launch of ForeStructured Growth, the first registered index-linked annuity to be issued by a company subsidiary. The annuity provides retirees with meaningful growth potential alongside interest crediting strategies designed to limit the risk of performance losses. Interest crediting options include Strategy Indices tied to a variety of market indices, an innovative crediting strategy, as well as three exclusive indices.

“Americans are clearly concerned about the combined effects of rising inflation, increasing rates and market volatility on their retirement savings,” said Rob Arena, Co-President and Head of Individual Markets at Global Atlantic. “ForeStructured Growth gives them a new option to serve their growth objectives while managing their risk.”

With ForeStructured Growth, growth potential is linked to the performance of index crediting strategies, up to a stated maximum. ForeStructured Growth offers:

• Growth Potential. A total of 24 index-linked crediting strategies, as well as a one-year fixed strategy are available. Available indices include the S&P 500 Index, Nasdaq-100 Index, and three exclusive indices: Fidelity US Corporate Strength Index, Franklin US Equity Index and UBS Climate Aware Equity Index. The amount of growth potential varies based on the level of risk mitigation selected.
• Risk Mitigation. The Adaptive Floor, an innovative, first-in-the-market Index Strategy that is designed to initially limits losses to a maximum of 10% of the allocation with the potential to incrementally lock in growth over time. Additional interest crediting strategies are designed to limit loss against the first 10% or 20% of potential losses for specified number of years. With this feature, known as a buffer, clients would only experience losses over and above the chosen buffer percentage.

To learn more about the ForeStructured Growth annuity, visit www.globalatlantic.com