Target Growth 10 ® can keep you on course Growth and protection while you save for retirement
Target Growth 10 ® Fixed Index Annuity is an insurance product that offers protection for your money against a market downturn—with the opportunity for it to capture gains. It enables you to earn interest based on the performance of a specific market index, or a combination of indexes. Market downside protection : Your gains are locked in each year, meaning you can’t lose any of your premiums or any credited interest due to market downturns or sudden market swings. Tax-deferred growth : You’ll have access to crediting strategies to help your money grow—four index options and one fixed account option. You can diversify your annuity by choosing one or a combination of strategies. And you won’t pay taxes on gains until you withdraw them. The combination of compounded gains and a potentially lower tax bracket after you retire can help make your retirement savings go farther.
The tax-deferral advantage
$300,000
$265,330 With tax deferral before withdrawal or fees
$250,000
$202,859 Without tax deferral
$200,000
$150,000
$100,000
20-year period
This hypothetical chart illustrates how tax deferral would affect a $100,000 initial premium, before any withdrawals or fees, during a 20-year period. The chart assumes an annual interest rate of 5% and a federal income tax rate of 28%. Actual tax rates may vary for different taxpayers and assets from those illustrated (for example, capital gains and qualified dividend income). Actual performance of your investment also will vary. Lower maximum tax rates on capital gains and dividends would make the investment return for the taxable investment more favorable, thereby reducing the difference in performance between the examples shown. Consider your personal investment time horizon and income tax brackets, both current and anticipated, when making an investment decision. This example illustrates tax deferral and does not represent the past or future performance of any product. Actual results will vary.
Delaware Life Target Growth 10 ® Fixed Index Annuity
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