Why consider the Allianz Benefit Control ® Annuity? As you prepare for retirement, you want control over how you create sources of guaranteed income – and the flexibility to adapt if your needs change. The Allianz Benefit Control® Annuity offers you more control in three key ways:
An overview of Allianz Benefit Control®
Enjoy the flexibility to begin income anytime 1
As you’ve just read, fixed index annuities are designed to help you accumulate for retirement – and also provide guaranteed retirement income. Now let’s look at the features and benefits of Allianz Benefit Control ® Annuity. While you’re saving for retirement, Allianz Benefit Control ® can give you: • several options to grow your annuity’s values , • the option to lock in index performance at any time, 2 • control over how aggressively you pursue your income savings goals, and • access to a portion of your money without penalty, should you need it. And when you start taking income through guaranteed lifetime withdrawals: • you have the potential to receive income increases, • you can continue to lock in index performance at any time, 2 and • you can double your withdrawals with the Allianz Income Multiplier benefit (if you qualify). (See pg. 13 for additional details.)
Adjust how aggressively you pursue your income and accumulation goals
Establish a game plan that can help address changes in the cost of living
Discover the benefits of a fixed index annuity
A fixed index annuity – or FIA – is simply a contract between you and an insurance company. FIAs are designed to help you accumulate money for retirement and also provide guaranteed income after you retire. FIAs offer valuable benefits, including the opportunity to earn interest based on a market index, tax-deferred growth potential, income options, and even death benefit options for your beneficiaries. They also offer principal protection from market downturns. This is why an FIA may be a good choice if you want the opportunity to earn interest, but don’t want to risk losing money in the market.
1 You can start taking lifetime withdrawals from your annuity immediately or on any monthly anniversary anytime after age 50 – but remember that you may be subject to a 10% federal early withdrawal penalty if you take withdrawals before age 59½. 2 Index Lock is not available with all allocation options.
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