Saving enough for retirement is a significant challenge. Who couldn't use a little help? Commonwealth Annuity Preferred Plus is a variable annuity that pays you a 4% bonus for every purchase payment you make. That's extra money working for you right from the start. You can choose from over 40 variable investment options¹ plus a fixed account to help build your future. Commonwealth Annuity Preferred Plus gives you an important head start toward your retirement.

4% on all purchase payments

Includes non-qualified and qualified plans: 403(b), 457(b)gov, 457(b)non-gov, 408(b), IRA (Traditional), Roth IRA, SEP-IRA, Simple IRA, 401(k)

• Issue ages —
• Non-qualified plans: 0 to 79
• Qualified plans: 0 to 79

When choosing an annuity to fund your qualified plan, keep in mind that tax deferral can be achieved through other investment vehicles funding the plan. A Commonwealth Annuity Preferred Plus variable annuity has several options and features that may be appropriate for your situation.

Fixed Account — 2% for first 10 years, 3% thereafter

Fixed Account Restrictions

• Total purchase payment allocation of $100,000 /year.
• Transfers into the fixed account are limited to 25% of contract value as of prior anniversary per year, when credited rate is 3% or lower.
• Transfers out of the fixed account can be made at any time, but are limited to 25% of fixed account value as of prior anniversary per year.

This option transfers an equal portion of your DCA account on a regular basis into the subaccount(s) of your choosing. This allows you to take advantage of fluctuating market prices by making scheduled investments. This feature can reduce the average price of your subaccount units over time. Dollar cost averaging does not ensure a profit. You should consider your ability to continue investing during periods of low price levels.

Prior to age 75, greater of a) or b) below, less premium taxes:

• Contract value less debt
• 100% of purchase payments, adjusted for withdrawals, less debt.

Step-Up Death Benefit Rider

We offer an additional step-up for 0.20%, on an annual basis, of separate account contract value. This rider is the greater of a) or b) below, less premium taxes:

• a) Contract value less debt
• b) Highest contract anniversary value prior to oldest owner's 81st birthday, adjusted for subsequent purchase payments and withdrawals, less debt.

Guaranteed Lifetime Withdrawal Benefit Riders

We offer two Guaranteed Lifetime Withdrawal Benefit (GLWB) Riders for qualified contracts. GLWB Plus for One provides the opportunity to receive guaranteed retirement income for the rest of your life with assurance that you will receive a minimum of your total purchase payments over the life of your contract. GLWB Plus for Two provides the opportunity to receive guaranteed retirement income for the rest of your life and your spouse's life with the assurance that you will receive a minimum of your total purchase payments over the life of your contract. If certain conditions are met, both riders also guarantee that no less than total purchase payments⁵ will be returned over the life of the Contract in the form of withdrawals and/or a lump sum death benefit.

• Guaranteed Lifetime Withdrawal Benefit (GLWB) Plus for One Rider⁷
• 0.50%, on an annual basis, of the lifetime income base.

• Guaranteed Lifetime Withdrawal Benefit (GLWB) Plus for Two Rider⁸
• 0.75%, on an annual basis, of the lifetime income base.

GLWB Plus for One and GLWB Plus for Two are available for qualified plans only, and can only be elected at issue and can not be terminated. If you elect the GLWB Rider, your investment options are limited to several of the Goldman Sachs Asset Allocation Portfolios and the available Money Market Fund.

• Single and periodic payment(s)
• Payroll deductions for qualified plans
• Pre-authorized withdrawals from checking account available for non-qualified annuities and IRAs

	Initial	Subsequent
Qualified employer sponsored plan:	$50	$50
IRA:	$50	$50
Non-Qualified:	$2,500	$500

Maximum Purchase Payments per life of contract: $1,000,000 (without prior approval from Commonwealth Annuity)

You can make transfers between the various subaccounts. Minimum transfers are $500. Transfer restrictions apply. See prospectus for details.

May be available under qualified plans. Minimum $1,000. No annual administrative or set-up charge. Loan balance is charged 5.5% and value securing⁹ loan is credited 3%.

• Guaranteed income for life
• Guaranteed for life and joint annuitant's life
• Guaranteed income for specified time period of 10 years
• Other options may be available
• Annuitization may not be later than the 90th birthday of the oldest annuitant or owner.

Each Contract Year, you can withdraw up to 10% of the contract value without incurring a withdrawal charge. If more than 10% of the contract value is withdrawn, the excess may be subject to a withdrawal charge.

Contribution Year:	1	2	3	4	5	6	7+
Charge:	6%	5%	4%	3%	2%	1%	0%

Withdrawal charge schedule applies to each purchase payment.

• Mortality and Expense Risk Charge: 1.15%
• Administration Charge: 0.15%
• Contract Fee: $30 (if contract value is less than $50,000)
• Other options may be available
• Investment Management Fees: Charged in addition to the fees listed above. Please refer to the prospectus for a complete listing.

You can establish a desired investment mix and have your assets automatically adjusted on a monthly, quarterly, semi-annual, or annual basis. Not available concurrently with Dollar Cost Averaging.

• Provides for a waiver of withdrawal charge if the contract owner is physically or mentally disabled impairment which has lasted or can be expected to last for a continuous period of not less than 12 months.
• Contract must be inforce for 2 years prior to disability.
• Disability must occur prior to 66th birthday.

• Provides for a waiver of withdrawal charges if the owner is hospitalized or admitted to a skilled healthcare facility for a period of at least 90 days.
• Contract must be inforce for 2 years prior to hospitalization or admission to a skilled healthcare facility.
• Confinement must begin prior to 75th birthday.

In addition to a complete line-up of investment options covering a broad array of investment styles and asset classes, we offer the Goldman Sachs Asset Allocation Portfolios.¹² Each portfolio seeks to deliver: a comprehensive investment strategy; automatic diversification and risk management; forward-looking, quarterly tactical rebalancing; simplicity and efficiency.¹³