Are you planning on using some of your assets to supplement your income needs in retirement?
Get the most return you can without risking your principle!
Reduce your tax exposure where ever and whenever you can!
A Lifetime Income Strategy utilizing a Fixed Indexed Annuity combined with a powerful Lifetime Income Benefit:
A Fixed Indexed Annuity (FIA) gives you the potential to exceed traditional fixed interest rates by linking your interest credits to the performance of an external market index.
If the market index rises Your money grows…tax-deferred
If the market index falls Your money is protected…
As the market index recovers Your money grows…
So what happens next year?
Your values will either increase or stay the same …
Your principal and past interest credits are always protected
Lifetime Income Strategy:
We have seen how Fixed Indexed Annuities accomplish the goal of exceeding traditional fixed interest rates by linking interest credits to the performance of an external market index.
Now we will examine the power of Guaranteed Lifetime Income:
Only an annuity can provide Guaranteed Lifetime Income no matter how long you live.
The Lifetime Income Benefit Rider (LIBR) allows you to take a lifetime income from your annuity without losing control of your retirement assets.
When added to your Fixed Indexed Annuity, the LIBR creates a new account called the Income Account.
The Income Account competes against your Fixed Indexed Annuity contract value providing you with a minimum guaranteed value you may draw from later for a guaranteed lifetime of income.
The Lifetime Income Benefit Rider:
Your Income Account is guaranteed to grow at set rate every year.
The cost of the rider is very reasonable. Your account value will be charged a small fee per year if you elect to add this benefit.
Lifetime Income Strategy:
Combining a Lifetime Income Strategy with a Fixed Indexed Annuity makes good sense.
Prior to receiving income your money grows tax-deferred.
While your current interest is linked to the movement of a market index, your past interest credits and principal are protected from market risk.
Once you choose to take an income, you are assured a highly competitive annual income check for life.
Note: This information is not intended to be a detailed description of the effect of taxes on Social Security benefits. Deferred annuities contain certain restrictions and/or IRS penalties related to premature distributions. Please consult with your tax advisor to determine the actual impact on your specific situation.
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