Spring is in the air, but there’s another reason to celebrate! We’re commemorating the 22nd anniversary of Fixed Indexed Annuities (FIAs). This anniversary marks the continuous advancement of a retirement product that can offer guaranteed* lifetime income. Fixed Indexed Annuities (FIAs) are great for your conservative retirement dollars and a great way to diversify your long-term savings.
FIAs were first introduced to consumers on February 15, 1995. FIAs can be a smart option for most ages and savers at any level. Join the growing movement by taking advantage of the benefits of FIAs to help create a sustainable retirement future.
- The retirement landscape is evolving–people are living longer and becoming less sure about Social Security. Coupled with market volatility, the future is uncertain. Adding an FIA to your retirement portfolio can help generate steady, lifetime income.
- Qualified retirement plans like a 401(k) probably come to mind for most people thinking about retirement, but they have limits that hinder flexibility. Similarly, an IRA or 403(b) might control how much you’re able to contribute, but FIAs purchased outside a retirement plan with after-tax dollars are not subject to these retirement plan limits, allowing you to contribute significantly more.
- Balance is good both in life, and in your retirement portfolio. Diversifying your retirement accumulation using both employer offered programs and products like an FIA helps you to balance risks in other accounts with the guarantees provided by Fixed Indexed Annuities. Most importantly, taking action on retirement savings can help create opportunities for traveling, spending time with friends, or investing in your grandchildren’s future.
*Guarantees are dependent on the claims paying ability of the issuing Company.
Indexed annuities have surrender charges that are assessed during the early years of the contract if the annuity is surrendered. In addition, withdrawals prior to age 59 ½ may be subject to a 10% Federal Tax Penalty. Indexed annuities do not directly participate in any stock or equity investments.
TC94218(0217)1
