WHY AN INDEX-BASED ANNUITY? When heading toward retirement, it makes sense to maximize your money’s growth with minimal risk. By linking your funds to the performance of certain indexes, you can be rewarded in up markets without fear of losing your principal in more volatile circumstances. REDUCE. DEFER. GROW. The Heritage Growth Advantage is protected from market downturns because it is an insurance contract — not a direct investment in the stock market. Unlike a direct investment, an FIA provides guarantees.
REDUCE YOUR RISK. Since Heritage Growth Advantage FIA is an insurance product, you’re not invested directly in the market, so you’ll never lose principal or accumulated interest due to market downturns.
DEFER YOUR TAXES. Much like the benefits of a 401(k), your taxes are deferred until you withdraw your money. If you move to a lower tax bracket in retirement, you’ll benefit even more. Plus, because the funds you’ve put in are not being diminished by taxes, you’re earning more.
GROW YOUR ASSETS. Choose how you earn with our guaranteed interest rate 3 Fixed Account and the other indexed account options with guaranteed participation rates.
3 The Fixed Account interest rate is guaranteed for 1 year in California and for 10 years in all other states.
CREDITING METHOD. It is important to understand that your annuity doesn’t directly participate in the stock market. It earns interest based on your chosen accounts and the performance of the indexed accounts. If you allocate funds to the Fixed Account, the guaranteed interest rate is credited to that account daily. If you allocate funds to the indexed accounts, interest is credited at the end of the term based on the upward movement of the index.
HGA-CB-01-2023
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