Pioneer PRISM XC Variable Annuity - Pioneer Investments
Pioneer PRISM XC Variable Annuity - Pioneer Investments
Pioneer PRISM XC Variable Annuity - Pioneer Investments
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Examples<br />
These Examples are intended to help you compare the cost of investing in the contract with the cost of<br />
investing in other variable annuity contracts. These costs include contract owner transaction expenses,<br />
contract fees, separate account annual expenses, and investment portfolio fees and expenses.<br />
The Examples assume that you invest $10,000 in the contract for the time periods indicated. The<br />
Examples also assume that your investment has a 5% return each year and assume: (a) maximum<br />
and (b) minimum fees and expenses of any of the investment portfolios (before subsidy and/or<br />
deferral). Although your actual costs may be higher or lower, based on these assumptions, your costs<br />
would be:<br />
Chart 1. Chart 1 assumes you select the optional Annual Step-Up Death Benefit rider and the Lifetime Withdrawal<br />
Guarantee II rider (Joint Life version) (assuming the maximum 1.80% charge applies in all contract years), which is the most<br />
expensive way to purchase the contract.<br />
(1) If you surrender your contract at the end of the applicable time period:<br />
Time Periods<br />
1 year 3 years 5 years 10 years<br />
maximum (a)$1,362 (a)$2,344 (a)$3,352 (a)$5,825<br />
minimum (b)$1,221 (b)$1,933 (b)$2,692 (b)$4,635<br />
(2) If you do not surrender your contract or if you annuitize at the end of the applicable time period:<br />
Time Periods<br />
1 year 3 years 5 years 10 years<br />
maximum (a)$562 (a)$1,714 (a)$2,902 (a)$5,825<br />
minimum (b)$421 (b)$1,303 (b)$2,242 (b)$4,635<br />
Chart 2. Chart 2 assumes that you do not select the optional death benefit rider or the Lifetime Withdrawal Guarantee II<br />
rider (Joint Life version), which is the least expensive way to purchase the contract.<br />
(1) If you surrender your contract at the end of the applicable time period:<br />
Time Periods<br />
1 year 3 years 5 years 10 years<br />
maximum (a)$1,147 (a)$1,686 (a)$2,235 (a)$3,703<br />
minimum (b)$1,005 (b)$1,264 (b)$1,538 (b)$2,342<br />
(2) If you do not surrender your contract or if you annuitize at the end of the applicable time period:<br />
Time Periods<br />
1 year 3 years 5 years 10 years<br />
maximum (a)$347 (a)$1,056 (a)$1,785 (a)$3,703<br />
minimum (b)$205 (b)$ 634 (b)$1,088 (b)$2,342<br />
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