Protected and Guaranteed from Market Loss An excellent traditional fixed annuity that may be right for you. With RetireMax Secure , your premium paid and earned interest are protected and guaranteed from market loss. RetireMax Secure is a single premium, tax-deferred annuity that offers you a guaranteed interest rate for the first five Policy Years.
The Annuity The Annuity has two purposes:
Annuities have guarantees regarding premium paid, interest credited, death benefit, and income amounts which distinguish them from other financial vehicles. This annuity is tax-deferred which means all amounts in your annuity accumulate with federal income tax-deferred until withdrawn or received as income. Annuities owned by trusts or corporate entities may not enjoy the tax deferral feature. You can use this annuity to save for retirement or other long-term needs and to receive retirement income for various periods, including for life. It is not meant to be used to meet short-term financial goals. How will the value of my annuity grow? Your annuity will grow by interest credited to your policy. RetireMax Secure ’s initial annual effective interest rate is guaranteed for the first five Policy Years. After the fifth Policy Year, we will declare the interest rate, which is subject to change, annually in advance and credit it daily. The company guarantees the interest rate credited to your policy will never be less than %, and this minimum rate for Policy Years and later will be reflected in your policy at issue.
Accumulate money
Provide a distribution of the money in a lump sum or in a series of payments
TC
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