PRINT   |    

W&S Brokerage Services Logo

Variable Annuity

For achieving your biggest financial goals, every advantage helps. That includes advantages such as premier money management talent and tax-deferred growth of your money.

Client Profile
The Integrity Pinnacle Variable Annuity is for contract holders who desire a diverse set of investment options ranging from Guaranteed Rate Options to Core Equities to Alternative portfolios. Riders available on this product allow contract holders to guarantee lifetime withdrawals along with similar coverage for a spouse.

Product Overview
The Pinnacle Variable Annuity – a flexible premium variable annuity issued by Integrity Life Insurance Company, Cincinnati, Ohio, and distributed by Touchstone Securities, Inc.* – offers a diverse range of asset classes and some of the most renowned investment managers. Funds can be allocated among a wide variety of variable portfolios that support varying degrees of risk tolerance. You can choose an optional Enhanced Earnings Benefit, for an additional cost, that will provide an additional amount intended to offset the potential tax liability or other expenses incurred at the annuitant’s death.

Pinnacle also offers tax deferral, a guaranteed death benefit, 12 free transfers a year, a 10% free annual withdrawal (noncumulative), an asset allocation and rebalancing program, and two systematic transfer options (STOs). The STOs provide a competitive fixed interest rate while money is transferred into fixed or variable portfolios.

Take a closer look at all that Pinnacle offers:

Investment Risk Considerations

Investing of any type involves an element of risk.


Contract Type

Flexible-Premium Variable Annuity
A variable annuity is a long-term financial vehicle designed for retirement purposes. An insurance company accepts premiums and provides future income or a lump sum amount by contractual agreement. Contract limitations, fees, and charges include, but are not limited to, mortality and expense risk charges, administrative fees, sales and surrender charges, and additional fees for optional benefits. Withdrawals also may be subject to charges and will reduce annuity contract benefits and values. Refer to the variable annuity prospectus for complete information.

Variable Portfolio Fund Company Options

Guaranteed Rate Option (GRO)
Integrity guarantees a fixed rate of interest for two-, three-, five-, seven-, and 10-year periods.

Guaranteed Fixed Interest Rate
Integrity guarantees a minimum interest rate on fixed account options as defined by the annuity contract.

Annuitant Issue Age
0-85. Tax-qualified plans and IRAs: Consult a tax advisor for issue age 70½ and beyond.

Maximum Contract Size

Minimum Contributions

Minimum Withdrawals


Systematic Transfer Option (STO)

Integrity guarantees a fixed rate of interest for either six or 12 months. Each contribution must be transferred to other fixed or variable account options within the guaranteed period. Transfers in equal installments of not less than $1,000 each must be made on a monthly basis from the six-month STO, and on a monthly or quarterly basis from the 12-month STO.


Dollar Cost Averaging (DCA)

There are three ways to make transfers among fixed or variable account options using DCA:

  1. Funds can be transferred from the Money Market to fixed or variable account options on a monthly, quarterly, semiannual, or annual basis ($250 minimum).
  2. The six-month STO can be transferred to fixed or variable account options on a monthly basis ($1,000 minimum).
  3. The 12-month STO can be transferred to fixed or variable account options on a monthly or quarterly basis ($1,000 minimum).

Dollar cost averaging does not assure a profit, nor does it protect against a loss in declining markets. For dollar cost averaging to be effective, investors will need to continue to invest during both market ups and downs, and consider their financial ability to maintain a consistent level of investment over time.



Up to 12 transfers among fixed or variable account options may be made annually free of charge. Thereafter, the account will be charged $20 for each transfer. The minimum transfer amount is $250.


Tax Qualified/Nonqualified

After-tax contributions and tax-qualified rollovers are acceptable. Traditional and Roth IRAs and rollover TSAs are available. This product may be a suitable option under KEOGH, 401(k), SEP, or other tax-qualified plans. Different rules apply for tax-qualified plans. Consult your plan administrator or tax advisor for details.


Access to Funds

Up to 10% of account value may be withdrawn annually (noncumulative) without incurring a withdrawal charge or a market value adjustment (MVA).


Withdrawal Charge Waivers

Withdrawal charges and MVAs (upward or downward) are waived for hardship distributions such as unemployment, terminal illness and confinement to a nursing home, hospital, or long-term care facility, as well as for required minimum distributions.


Withdrawal Charges

A contribution-based charge that applies only to amounts in excess of the free withdrawal provisions and decreases over time based on the number of years that have elapsed since the contribution was received. The withdrawal charge will be the following percentages of the applicable withdrawal amount:

Contribution Year 1 2 3 4 5 6 7 Thereafter
Withdrawal Charge 8% 7% 6% 5% 4% 3% 2% 0%

Market Value Adjustment (MVA)

The MVA, which applies only to GRO contributions, generally reflects the impact of any change in interest rates from the time the guarantee period was selected. Generally, if our guaranteed interest rate has increased since the time of your contribution, the MVA will reduce the GRO value distributed. If the guaranteed interest rate has decreased since the time of the contribution, the MVA will generally increase your GRO value distributed. An MVA is imposed on transfers from a GRO prior to the end of the guarantee period. No MVA applies during the last 30 days of the GRO period. An MVA also applies to annuitizations, full withdrawals, and partial withdrawals that are in excess of the penalty-free withdrawal amount. An MVA will not apply to required minimum distributions for age 70½ and older. The MVA will not result in a return of less than principal plus the minimum interest percentage guaranteed on the contract. However, other charges may reduce principal.


Contract Fees


Death Benefit1

On the annuitant’s death, the greatest of total contributions (less adjustments for withdrawals) or the current account value2, or the highest account value at the beginning of any contract year prior to the annuitant’s 81st birthday, plus contributions, minus withdrawals.


Guaranteed Lifetime Income Advantage

Guaranteed Lifetime Income Advantage guarantees lifetime withdrawals regardless of investment performance, as long as the contract remains in effect and withdrawals are limited to the amount available under the rider. Individual or Spousal options are available (if applicable). Refer to the Guaranteed Lifetime Income Advantage client brochure for details, including additional charges.


For Additional Information

If you have questions about the contract, please call a representative of W&S Brokerage Services, Inc.*, at the Client Relationship Center at 1.888.327.9345.


The Pinnacle Variable Annuity can help you secure your family’s financial future with lifetime protection, diverse investment options, and tax-deferred compounding. Get more information or contact our Client Relationship Center at 1.888.327.9345 to learn more.

An investor should carefully consider the investment objectives, risks, charges, and expenses of the investment found in the prospectus before investing or sending money. For a prospectus containing complete information, please call a representative of W&S Brokerage Services, Inc.*, at the Client Relationship Center (1.888.327.9345). Please read the prospectus carefully before you invest or send money.

1 Withdrawals will reduce death benefit prorata. See the contract prospectus for more details.

2 Current account value on the business day we receive due proof of death and the beneficiary’s instructions.

Variable annuities are issued by insurance companies and are long-term investments. Variable annuities have charges for mortality and expense risks, administrative fees, and contingent deferred sales charges. The value of a variable annuity depends on the investment performance of the investment options selected and the fees and charges imposed, and that such investments are subject to loss.

Annuities are not bank products, are not a deposit, are not insured bythe FDIC or any other federal entity, have no bank guarantee, and may lose value. Payment of benefits under the annuity contract is the obligation of, and is guaranteed by, the insurance company issuing the annuity. Guarantees are based on the claims-paying ability of the insurer. There is no guarantee of the investment performance or safety of the variable investment options in this variable annuity. The Pinnacle Variable Annuity is issued and guaranteed by Integrity Life Insurance Company, Cincinnati, Ohio; distributed by Touchstone Securities, Inc.*, Cincinnati, Ohio; and offered through W&S Brokerage Services, Inc.*, 400 Broadway, 4th Floor, Cincinnati, OH 45202. Integrity Life Insurance Company, Touchstone Securities, Inc., and W&S Brokerage Services, Inc., are all members of Western & Southern Financial Group.

Earnings and pre-tax premium payments are subject to income tax at withdrawal. Withdrawals prior to age 59½ are generally subject to a 10% IRS penalty tax. Integrity does not offer tax advice. For specific tax information, consult your attorney or accountant. Interest rates are declared by the insurance company as annual effective rates, taking into account daily compounding of interest. Product and feature availability, as well as benefit provisions, vary by state. See your financial professional for details and limitations.

For use with contract series INT95, INT96 Rev, INT96 FRL, INT 05-07-1, INT 07-07, and INT-12 0707 and rider series IR.06 0605, IR.06 0605 SP, IR.19 0801, IR.19 0801 SP, IR.20 0801, and IR.20 0801 SP.

Variable annuities are tax-deferred insurance products. If you are investing through a tax-advantaged plan (such as a 401(k) or IRA), you will receive no additional tax advantage or deferral from the annuity. This contract has limitations. Annuity benefits offered may vary due to misstatement of sex or age.

Investment return and principal value of an investment in a variable annuity will fluctuate, so units, when redeemed, may be worth more or less than their original cost.

*A registered broker-dealer and member FINRA / SIPC

Not for use in ME, NH, NY, OR, SC, UT, VT, WA, or outside the United States


My Personal Folder

View   |  Save Page



It’s easy and convenient to reach us.

Last Updated: 12/14/2017