Scudder Investments has introduced two new variable annuities underwritten by Travelers Life and Annuity Co. and The Travelers Insurance Co. The Scudder Advocate Rewards annuity offers a 4.5% bonus on purchases, while the Scudder Advocate Advisor is a C-share annuity with no surrender charges.

Both also offer a guaranteed minimum withdrawal benefit for 40 basis points, to protect the principal, as well as enhanced death benefit riders and flexible annuitization options. Investors must select these riders at issue and cannot cancel them.

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