Freedom Edge is a flexible premium deferred annuity that offers 54 sub-accounts and two different enhanced death benefits. In addition, it has an optional guaranteed minimum income benefit rider. As a C-share product, it has no front-end load and no surrender charges.
Phoenix is promoting Freedom Edge as part of its retirement income planning focus, said Mark Tully, senior vice president of annuity distribution and sales. "Freedom Edge is targeted to an array of affluent clients, including those who need retirement
funding and income tax strategies. Its also targeted to business owners with IRA and qualified plan rollovers."