Benefit from the power of tax deferral Secure Horizon Choice grows on a tax-deferred basis, meaning you won’t owe current income taxes until you access your accumulation value. This allows more of your assets to continue to grow and compound over time.
Grow your retirement savings
Tax-deferred growth
Taxable growth
$500,000
$432,194 Value of Tax-deferred Account (Pre-withdrawal)
Tax deferral allows your accumulation value to continue to grow and compound your interest, which can be a significant benefit over time.
$400,000
$301,747 Value of Taxable Account
$300,000
$200,000
$100,000
$0
0 Years
15 Years
30 Years
This hypothetical example is not based on any particular product or index. It is intended for educational purposes only and is not a projection or prediction of future performance; your experience will differ. Example assumes $100,000 growing at 5%, 25% tax bracket for 30 years.
Under current law, annuities grow tax-deferred. An annuity is not required for tax deferral in qualified plans. Annuities may be subject to taxation during the income or withdrawal phase. Please note that neither North American, nor any financial professionals acting on its behalf, should be viewed as providing legal, tax or investment advice. Consult with and rely on your own qualified advisor.
Retirement Benefits Rider Secure Horizon Choice also offers an optional Retirement Benefits Rider, available for an additional cost, that is designed to help protect against four major risks in retirement. For more information, please see the Retirement Benefits Rider brochure.
35636Z
8
PRT 1-23
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