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A powerful combination for your clients’ retirement strategy – The Power Series of Index Annuities®

Growth potential and protection are just two benefits of the Power Series of Index Annuities that can help provide retirement income your clients can’t outlive.

The Power Series of Index Annuities can offer clients:

  • Principal protection from market downturns
  • Growth potential
  • 7.5% annual income credits for guaranteed rising income*
  • No base contract fees
  • Fixed interest account
  • Tax deferral
Learn more >

For more information about the Power Series of Index Annuities call 888-438-6933, Option 2.

Guarantees are backed by the claims-paying ability of the issuing insurance company.

 

Index annuities are not a direct investment in the stock market. They are long-term insurance products with guarantees backed by the claims-paying ability of the issuing insurance company. They provide the potential for interest to be credited based in part on the performance of the specified index, without the risk of loss of premium due to market downturns or fluctuations. Index annuities may not be suitable or appropriate for all clients. Withdrawals may be subject to withdrawal charges.

Withdrawals may also be subject to federal and/ or state income taxes. An additional 10% federal tax may apply if clients make withdrawals or surrender their annuity before age 59½.

The
Lifetime Income Plus guaranteed living benefit rider (“the feature”) is available at contract issue for an annual fee of 0.95% of the Income Base. The feature guarantees lifetime income up to the feature’s maximum annual withdrawal amount (MAWA) for as long as your client and/or his/her spouse lives, even if withdrawals reduce the contract value to zero. In general, the amount that can be withdrawn annually is based on how old your client is when starting to take withdrawals under the benefit, the amount of the Income Base each year, and whether your client elects for payments to continue over one life (single life) or two lives (joint life). The MAWA is expressed as a percentage (“maximum annual withdrawal percentage”) of the Income Base. The Income Base is the value on which guaranteed income will be based. It is not a liquidation value, cannot be taken as a
lump sum, and does not represent the contract value. For more information, please see the Owner Acknowledgement and Disclosure Statement. Clients can also receive lifetime income at no additional cost through annuitization.

AGLC108006 (10/2017) J100997

 

 

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