For flexibility, security and income when you need it, look for C ERTAINTY S ELECT
Flexible Accumulation Options Thirty days prior to the end of your guarantee period, you have a window of time to make a decision regarding the Accumulation Value of your contract. You control how your money is used.You may decide to take no action and stay invested in C ERTAINTY S ELECT for another guarantee period.* Or, you may choose among three options that allow you to: n Receive scheduled payments for at least 10 years or life n Make a partial withdrawal n Collect the full amount plus accumulated interest
TAXABLE PLAN VS. TAX-DEFERRED ANNUITY
Taxable Plan
Year 30 $270,686
Year 15 $164,525
Tax-Deferred Annuity Year 15 $193,528
Year 30 $374,532
For illustration purposes, compare the results on a $100,000 deposit earning 4.5% interest for a person with a 25% tax rate.You can see how the tax-deferred value grows faster than the taxable alternative. The after-tax value of the tax-deferred annuity after 30 years would be $305,899 assuming no surrender charges or IRS penalty tax.
Whatever option you choose, you’ll have the peace of mind that comes with easy access to your funds.
*Variations apply for certain states. In Florida, at the end of the guarantee period, the contract automatically renews with an annually declared fixed rate and no surrender charges or MVA. In Alaska, Alabama and South Carolina, at the end of the guarantee period you may choose to either begin a new guarantee period (with surrender charges and MVA in effect), or renew with an annu- ally declared fixed rate and no surrender charges or MVA. If no action is taken, the contract will default to the annually declared fixed rate. The Value of Tax Deferral With C ERTAINTY S ELECT , you make a single payment that builds value on a tax-deferred basis. In most cases, your earnings will not be subject to income tax until they are withdrawn. If the value of your contract is not being reduced by taxes, more of your money earns interest each year.That means greater value for you.
Other Features Applicant Ages – C ERTAINTY S ELECT may be purchased by persons up to and including age 90. Any person named as the annuitant must also be age 90 or below. Ask Your Agent This is a summary only of C ERTAINTY S ELECT annuity. The product availability and certain provisions may vary by state. Ask your agent or the company for complete contract provisions and details before purchasing.
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