Annuity Illustrations

COSS provides a variety of annuity illustrations customized to your specifications.

	Fixed single and flexible
	Variable single and flexible
	Equity indexed
	Split
	Unbundled
	Immediate or deferred

Annuity reports are structured to accommodate a wide variety of customer needs.

	Single product illustrations
	Comparative illustrations
	Portfolio and stacked illustrations
	Branding by distribution channel
	Historical performance or forward-looking hypothetical illustrations

Variable Annuities
Choose from a host of equity options for variable annuity illustrations:

	Dollar cost averaging
	Interest sweep
	Portfolio re-balancing
	Asset allocation based on risk tolerance and financial objectives

Required Distributions
COSS offers retirement distribution planning calculations and reports for virtually every annuitization option—whether funded with immediate, variable or fixed annuities, or a combination thereof—each of which can be calculated, displayed and compared with other options. Additional products and options that may be calculated and displayed include

	Immediate, variable, or fixed annuities
	72(t)
	72(q)
	Required minimum distributions
	Scheduled withdrawals by dollar or percentage
	Various share classes (A,B,C,L)

Unbundled Annuities
COSS lets you configure annuities to better suit your clients’ needs and objectives. A typical COSS annuity illustration is highly customized to suit that annuity product's specifications, as well as carrier market objectives. Output illustrations may incorporate select feature/benefit pages, while carrier-defined business rules prevent inappropriate feature combinations. A full array of options is available, including

	Stepped-up death benefit
	Enhanced earnings benefits (EEB)
	Guaranteed minimum income benefits (GMIB)
	Guaranteed minimum accumulation benefits (GMAB)

Annuity Illustrations includes a Policy Configuration Wizard that recommends investment strategies based on risk tolerance questionnaire responses and other evaluation results from the Asset Allocation section.

Sales and presentation tracks that complement the annuity presentation can be added to a COSS Annuity Illustration system.

	Funding retirement
	Charitable remainder annuity trusts
	Taxable vs. tax deferred
	Rule of 72
	Dollar cost averaging
	Power of before tax contributions