Bring your vision of retirement to life Imagine your future with The Power Series of Index Annuities. ® These fixed index annuities offer a powerful combination of tax-deferred growth potential, principal protection and guaranteed income for life that may be the solution to achieving the retirement you’ve always envisioned.
The Power Series of Index Annuities ® can help you:
Prepare for today’s key retirement challenges
Grow your retirement assets
Protect your principal from market downturns
Guarantee more income for life
Understanding a Fixed Index annuity A fixed index annuity (FIA) is a contract issued by an insurance company. It is not a direct investment in the stock market or any particular index. An FIA works in two stages: • Accumulation: In exchange for your money (premium), the annuity provides you with the opportunity to earn interest based in part on the performance of a particular index and/or based on a fixed rate. • Income: When you need income, the issuing company promises to make regular income payments that can last for life or for a time period you choose using a process known as annuitization (for no additional cost). In addition, some FIAs have a feature (known as a guaranteed living benefit rider) that can provide lifetime income and access to your money during the payout stage (unlike annuitization, which permanently converts your contract into an income stream) for an annual fee. Withdrawals may be subject to withdrawal charges and federal and/or state income taxes. An additional 10% federal tax may apply if you make withdrawals or surrender your annuity before age 59½. Please consult your tax advisor regarding your specific situation.
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