Fixed & Variable Annuities - The Bennett AgencyFixed  Deffered

Tax-Deferred Earnings With A Fixed Rate Of Return.

You can’t predict what your future holds, but you may be able to make it more secure. When you purchase an American National fixed deferred annuity, you’ll be secure in the knowledge that your principal is safe. You will also earn a fixed rate of return. Plus, when you’re ready, you’ll be able to convert your annuity assets into fixed income payments as well. 

Benefits of American National Fixed Deferred Annuities Include:

Tax Deferred Growth 

You won’t pay any income taxes on the interest you earn until you withdraw it. 

Guaranteed Interest Rate 

No matter what the market does, you are assured a minimum rate of return.

Fixed Rate Of Return 

Interest rates are set by American National for a specified period of time.

Access To Annuity Value 

There are several options that allow access to the accumulated annuity value, including partial withdrawals and conversion to income payment options. Withdrawals may be subject to taxes and surrender charges.

Index Deffered Annuity

Long-term earnings.  Market upside potential with protection against market declines.

By tying its returns to the performance of a stock market index, an Indexed Annuity lets you enjoy some of the benefits of market returns with lower risk. American National indexed annuities calculate the amount of interest during a defined period of time based on the movement of the index. Although there will never be a negative index charge to your indexed interest, you could potentially earn 0 percent interest in a given period. 

Features of American National Indexed Deferred Annuities Include:

Lower Market Risk

Your annuity value will not be reduced in negative economic years because you’re not investing directly in the stock market.

Tax Deferred Growth 

You won’t pay any income taxes on the interest you earn until you withdraw it.

Access To Annuity Value 

There are several options that allow access to the accumulated annuity value, including partial withdrawals and conversion to income payment options. Withdrawals may be subject to taxes and surrender charges.

The performance of the index cannot be predicted over any given period of time. Past history is no guarantee of future performance. 

Variable Deffered Annuity 

Long-term, taxed-deferred earnings.  Changes in value based on the performance of underlying mutual funds.

Because playing it safe isn’t always the best choice, investing in a variable deferred annuity may be part of your retirement plans. Variable deferred annuities are long-term annuities which accumulate tax-deferred retirement assets. Gains or losses in value are based on the performance of sub-accounts that invest in underlying funds. 

A variable annuity offers features, including market participation through a variety of investment options; tax-deferred growth opportunities; and access to annuity value. 

Investors are advised to consider the investment objectives, risks, and charges and expenses of the investment carefully before investing. Both the product prospectus and the underlying portfolio prospectuses contain this and other information about the product and underlying portfolios. They should be read carefully before investing. To obtain a free prospectus, contact The Bennett Agency at 304-725-6090.

Single Premium Immediate Annuity

Pays a guaranteed income stream in exchange.

Single premium annuities are a good choice for converting lump sums of money, such as insurance proceeds or a retirement package payout into income. American National immediate fixed annuities can provide a steady stream of income payments to help meet your needs, and you can choose a payment schedule that works best for you.

Benefits Include:

Tax Advantaged Income 

Spreading taxable income over a number of years through an immediate annuity may help you better manage your tax liability.

Predictable Income Payment Options 

You have the ability to choose how long and how often you receive your income. Some options ensure income continues over the life of the policyholder(s).

Access To Annuity Value 

There are several options that allow access to the accumulated annuity value, including partial withdrawals and conversion to income payment options. Withdrawals may be subject to taxes and surrender charges.

 

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