Flexible Premium Fixed Deferred Indexed Annuity
The growth is deferred, meaning it occurs over a specified period of time, typically until the annuity is annuitized or converted into a stream of income payments. Indexed Annuity Indexed annuities are annuities that can provide higher returns based on the performance of a specific financial index, such as the S&P 500 ® . 1 With indexed annuities, individuals can participate in market gains while also having downside protection. These annuities usually have a minimum guaranteed interest rate to safeguard against a decrease in value, even if the chosen index performs poorly.
Flexible Premium A flexible premium in an annuity allows the owner to make premium payments in varying amounts and at different times, within set limits. This provides flexibility to contribute additional funds, manage savings, and potentially increase the annuity’s value. Fixed Deferred The term “fixed deferred” refers to the way the annuity accumulates value over time. In a fixed deferred annuity, the growth of the annuity’s value is based on a fixed interest rate that is predetermined and guaranteed.
3
AMERICAN NATIONAL / ASIA PLUS 10
Made with FlippingBook - Share PDF online