WHY IS CONSIDERING AN FIA IMPORTANT?
With the economic uncertainty of the financial markets today, it's not an unreasonable expectation for those nearing retirement to consider this protection from market volatility as one of many important features for the security of their retirement assets saved over a lifetime.
Between the flexibility of options you have to access a portion of your money plus the opportunity for bonuses, you might just find that a Fixed Index Annuity is right for you. Building a retirement income strategy starts with a realistic view of retirement goals and the income needed to support a desired lifestyle. As such, it's imperative to take into account the potential retirement challenges that could affect retirement income in the future: longevity, inflation and market volatility. To help ensure that your income lasts throughout retirement, it's more important today than ever before to consider the benefits and features that a Fixed Index Annuity can provide. Think about your current strategy and then speak with a qualified insurance professional to help answer your questions and review any concerns.
Fixed Index Annuities are designed to meet long-term needs for retirement income. They provide guarantees against the loss of principal and credited interest, and offer the reassurance of a death benefit for your beneficiaries. Early withdrawals may result in loss of principal and credited interest due to surrender charges. Any distributions may be subject to ordinary income tax and, if taken prior to age 59 ½, an additional 10% federal tax. Terms and conditions vary by Carrier, product and state.
Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.