Na Pali Coast, Kauai, Hawaii
Index Options ApexAdvantage offers a variety of interest crediting options that calculate interest based on the performance of a market index, such as the S&P 500®. These are known as index options. Index options allow you to benefit from market gains without exposing your money to market declines. That’s because interest credited is protected by a floor, so it will never be less than 0%. As a result of this built-in protection, earnings within the index options are limited to a percentage of index increases, known as a participation rate. Although earnings are limited by a participation rate, there is no cap on the amount of interest that can be credited. Tax Deferral Fixed index annuities like ApexAdvantage have a tax-deferred status, which means you don’t have to pay taxes on earnings until you make a withdrawal. This allows you to earn interest on your interest, on your premium, and on the amount you would otherwise have paid in taxes. This effect, called triple compounding, provides greater earnings potential over time and may help you offset inflation. Annuities held within qualified plans do not provide any additional tax benefits.
5 APEX ADVANTAGE | MODIFIED SINGLE PREMIUM DEFERRED INDEX ANNUITY
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