A PROTECTED GROWTH STRATEGY PRINCIPAL PROTECTION
A fixed indexed annuity provides the opportunity to benefit from the growth of the market without downside risk. Your account value may increase as a result of positive performance of a market composite index. Certain indexed accounts and all guaranteed income riders involve fees. In cases where a 0% interest credit is earned, your contract value will still be reduced by applicable fees. THE POWER OF TAX DEFERRAL In an annuity, everything you earn is tax deferred until withdrawn, which may help your money grow faster. Your annuity’s tax-deferred earnings are not included in your combined income when determining the amount of your Social Security income that is subject to taxes. If you purchase your annuity with after-tax funds, only a portion of your annuity income will be taxable. 5 FIXED ACCOUNT In addition to the indexed accounts, your annuity’s funds may be allocated to a fixed account, which earns interest daily at a specified rate of return that is guaranteed for one contract year. It offers a fixed, predictable return on your account value with protection from market risk. 6
HOW INDEXED ACCOUNTS WORK: This hypothetical example demonstrates how indexed accounts can work to potentially increase your account value when the index experiences positive market performance and offers protection for your account value when the index experiences negative performance.
Accumulated Index Account Value Index Value Total Guaranteed Value
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End of Year
This hypothetical illustration is meant only to demonstrate how the account crediting method is designed to work. It does not reflect any applicable rider or strategy fees, assumes no withdrawals are made, and is not a promise or projection of future returns. Actual index values vary daily. Past index performance does not guarantee future results. It is possible to receive a 0% index credit for any or all segment durations. It is also possible for the account value to decrease if index credits are less than strategy fees and rider fees.
5. A nnuities are meant to be long-term products. When you do make a withdrawal, your account value will be reduced accordingly, and all subsequent index credits will be based on the remaining account value. Withdrawals may be subject to federal or state income tax and an additional 10% federal penalty if they are taken prior to age 59 1/2. This information is based on current laws which are subject to change. This is not tax advice and you should consult with a tax professional for advice based on your individual circumstances. 6. T he Guaranteed Minimum Fixed Account Interest Rate is specified in the contract and can range from 0% to 3%, depending on your state. For current fixed account rates, contact your insurance producer.
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