Protect Your Contributions, Grow Your Potential
In today’s financial environment, market volatility is a pressing concern. The recent downturn has heightened fears and uncertainties, making it essential to offer a stable and secure annuity options for school district employees. Enter the Fixed Indexed Annuity (FIA) – a powerful solution designed to safeguard policy values while offering growth potential.
Key Benefits of Fixed Indexed Annuities
- Principal Protection: Your employees’ contributions are shielded from market losses, ensuring their contributions remains secure no matter how the market performs.
- Upside Potential: FIAs allow employees to earn interest based on the performance of a chosen market index, offering a balanced approach to growth and security.1
- Predictable Income: FIAs can be tailored to provide a guaranteed stream of income during retirement, offering peace of mind and financial security.2
Why FIAs Are Perfect for 403(b) Plans
For educators and school district employees, 403(b) plans are a cornerstone in helping them plan for retirement. Given the current market volatility, having FIAs as an option in your 403(b) plan is a wise move. Here’s why you should consider or be pleased with offering FIAs:
- Security for Educators: FIAs offer a secure option for risk-averse educators seeking stable growth without the fear of losing their policy values.
- Long-Term Stability: The predictable income from FIAs helps educators plan for retirement with confidence, knowing they have a reliable source of funds.
- Enhanced Retirement Planning: By including FIAs in 403(b) plans, school districts can provide employees with a diversified portfolio that balances growth and security.
Click Here to learn more about Why Retirement Experts Reconsider FIAs as a Key Offering
In these uncertain times, Fixed Indexed Annuities can offer comfort for school district employees, knowing their retirement savings is protected from market volatility.
Additional Questions? Email the National Life Group Retirement Business Team or call 866-243-7174.
1 Assuming no withdrawals during the withdrawal charge period. Rider charges continue to be deducted regardless of whether interest is credited. Indexed annuities do not directly participate in any stock or equity investments.
2 Guaranteed lifetime income may be provided either by annuitizing an annuity, or through an annuity income rider. Riders are supplemental benefits that can be added to an annuity. Riders may be optional, may require additional premium and may not be available in all states or on all products. This is not a solicitation of any specific annuity.
Because they are meant for long-term accumulation, most annuities have surrender charges that are assessed during the early years of the contract if the contract owner surrenders the annuity. In addition, withdrawals prior to age 59 ½ may be subject to a 10% Federal Tax Penalty. The guarantees of annuity contracts are contingent on the claims-paying ability of the issuing insurance company. All withdrawals from an annuity purchased with non-qualified monies are taxable as ordinary income only to the extent there is a gain in the policy. Assuming no withdrawals made during the surrender charge period and no rider charges. This is not a solicitation of any specific annuity contract. Buying an annuity within a tax-deferred retirement plan does not offer extra tax benefits. If considering an annuity within a retirement plan, base your purchase decision on the annuity’s other features and benefits, as well as its risks and costs, not its tax benefits. National Life Group and its agents are neither affiliated with nor endorsed by any state retirement plan, school system or government agency.
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