As of end of September 2024, the expected hedge cost is estimated to be 136 bps for a hypothetical lifetime withdrawal benefit (GLWB) on variable annuities (VA) and 133 bps for registered index-linked annuities (RILA), up 2 basis points from the previous month, driven by a decrease in long-term interest rates. The Index Methodology provides additional details about the assumptions and methodologies underlying the Milliman Hedge Cost Index™ (MHCI).