From: Richard Kahn <I To: Max Kohlenberg Subject: 5 year payouts Date: Tue, 03 Apr 2018 20:36:35 +0000 Attachments: GPI_-_5_Year_Payout.pdf; Interest_Opportunity_rider.pdf Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel l fa ce Begin forwarded message: From: Jarad Minsky < Date: March 31, 2018 at 2:00:38 PM EDT To: Richard Kahn <I Subject: Follow Up Rich, As a follow up to our conversation I have included the 5-year payout with the @I product which would give him $416,820.60 per year. A 13-year payout would be the max period certain based on his age. We're not able to apply a 5-year certain on the GLI product due to his age so I have not included it to compare. In my previous email I mentioned an alternative option of using a deferred annuity instead of an income annuity to enable his beneficiaries to do an inherited IRA at his death and defer taxes over their lifetime. He would have the ability to draw out $20,000 (10% of the contract) each year and is able to lock in an interest rate anywhere from 3 to 8 years (2.5% to 3.05%). I added the interest opportunity rider information here since it has available options to protect against locking in a lower rate should we see rates rise soon. Option 1 has a .15% rate reduction but will increase the contract by .50% if the 10-year treasury increases by that amount in the first 6 months or 1 year. Option 2 reduces the current rate by .25% but will increase the contract by 1.0% if the 10-year treasury increases by the amount in the same time frame plus 18 months and 24 months out. I'm not sure if this would be of interest but wanted to make you aware of it. Unfortunately, the income annuity that pays dividends we discussed has an age 85 cutoff so I didn't include it in here. EFTA00843820