Flexibility and Income When You Need It
In addition to crediting a guaranteed interest rate to your contract value, Premier Voyage can be useful in retirement planning. When you’re ready to retire, you can get a regular stream of annuity payments to supplement your retirement income to help cover your health and other retirement expenses.
Ways to Access Your Money Free Withdrawals 7
Although you intend to invest your money for your future, sometimes emergencies happen and you need to access a portion of your contract value. Premier Voyage allows you to withdraw an amount from your contract each year without the application of a surrender charge or an MVA. This is called your “free withdrawal amount.”
7 Withdrawals of earnings will be subject to ordinary income tax and may be subject to an additional 10% federal income tax if taken prior to age 59½.
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