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June is Annuity Awareness Month!
Retirement Plans

June is Annuity Awareness Month!

By June 8, 2023No Comments

Annuities may be the financial vehicle with the lowest awareness level and the greatest misunderstanding.

There are multiple reasons plans choose to add a fixed indexed annuity.

Most savers are looking for at least one of the following:

  • Protection of principal1
  • Tax deferral2
  • Upside interest crediting potential3 or an
  • Income stream

A fixed indexed annuity from the companies of National Life Group can meet ALL of these criteria, if used properly!

 

 

1. Assuming no withdrawals are made during the withdrawal charge period. Rider charges continue to be deducted regardless of whether interest is credited. Indexed annuities have surrender charges that are assessed during the early years of the contract if the annuity is surrendered.
2. Taxes are paid at the time of withdrawal.
3. Interest on an indexed annuity is credited based on a formula that considers changes in an market index.

TC133831(0623)1

Teresa Thomas

Teresa Thomas

As a 25-year veteran of the financial services industry, Teresa has worn many hats including corporate communication, product and concept marketing, meeting and convention planning, training and mentoring. All while also balancing being a daughter, sister, mom, friend and colleague. It’s true, in her first semester of graduate school, she dropped out of her Secondary Education curriculum – recognizing that teachers have a magnificent gift (that she did not). So, she took her love of teaching in a different direction and thoroughly enjoys the opportunity she has to educate you on not just the importance of retirement savings, but also the many ways in which you can plan now to achieve your retirement success! A native of Philadelphia, she is learning to wear a new hat in “Cowboy Country” as a newly-minted resident of Dallas, TX where she spends most of her time corralling her two boys, two cats, a dog and several fish TC124597(1221)3