As of end of October 2024, the expected hedge cost is estimated to be 120 bps for a hypothetical lifetime withdrawal benefit (GLWB) on variable annuities (VA) and 118 bps for registered index-linked annuities (RILA), down 16 basis points and down 15 basis points respectively from the previous month, driven by an increase in long-term interest rates. The Index Methodology provides additional details about the assumptions and methodologies underlying the Milliman Hedge Cost Index™ (MHCI).