Designed for people who want to take advantage of potential gains in the stock market while still having some level of protection against losses.

HOW IT WORKS

With an Index Annuity, the interest you receive is linked, in part, to the performance of a market index, such as the Standard & Poor’s 500 Index. When the index increases, you’ll receive interest – based on what’s specified in your annuity contract. If the index declines, you won’t receive interest, but the principal of your annuity will not be affected.

FEATURES

• The potential to grow based in part on the performance of a market index.
• Protection from market downturns since the value of the annuity is not affected by negative index returns. You are not directly invested in any security or index.
• You may not have to pay taxes on any interest earned until money is withdrawn.
• A choice of payment options, including protected lifetime income for as long as you live.
• Income can begin immediately or be deferred to a later date.
• Standard or enhanced death benefit features are available.

CONSIDERATIONS

• There may be charges and a tax penalty for early withdrawals.
• In a down market, your annuity may not earn interest.

Designed for people who want to take advantage of both income protection and growth in their retirement savings and are willing to take more risk with their money in exchange for the potential for a higher rate of return.

HOW IT WORKS

With a Variable Annuity, your rate of return is tied to professionally managed funds, similar to a mutual fund, made up of a combination of stocks, bonds and other investments. The value of your annuity can move up or down depending on the performance of the underlying funds selected. With a variable annuity, you can benefit when the investments go up, but lose money if they go down. You can, however, purchase features that protect your principal if the market goes down.

FEATURES

• Potential to benefit from market increases.
• Professional money management with a choice of investment options.
• You may not have to pay taxes on any interest or earnings until money is withdrawn.
• Optional features that protect your retirement income from market volatility and provide protected lifetime income for as long as you live.
• Income can begin immediately or be deferred to a later date.
• Standard or enhanced death benefit features are available.

CONSIDERATIONS

• You could lose some or all of your principal.
• There may be charges and a tax penalty for early withdrawals.

Annuities are long-term financial products designed for retirement purposes. Early withdrawals may be subject to withdrawal charges. Partial withdrawals may reduce benefits available under the contract. Withdrawals of taxable amounts are subject to ordinary income tax and, if taken prior to age 59½, an additional 10% federal tax may apply. Optional income protection features are subject to additional fees, requirements and other limitations. Keep in mind, for retirement plans and accounts (such as IRAs and 401(k)s), an annuity provides no additional tax-deferred benefit beyond that provided by the retirement plan or account itself. Contract and optional benefit guarantees are backed by the financial strength of the issuing insurer.

This is where Retirement Planning & Annuities can help you. Call 1-937-668-6055 today. Learn about how to find the best Retirement Planning & Annuities policy for you.

* The information provided regarding Variable Annuities is for informational purposes only.  We are not licensed to sell variable annuities but can refer you to one of our trusted partners if a variable annuity fits your retirement needs.