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Section: Variable Annuities

Variable Annuities

A variable annuity can play an important role in diversifying your portfolio and helping you reach your retirement goals. Plus, your money has the opportunity to continue to grow, even during retirement. A variable annuity is a long-term financial retirement vehicle, subject to market fluctuations and may lose value.

Variable Annuity Products

    • Smart Foundation Variable Annuity offers low deposit amounts and is ideal if you are starting to fund retirement and are cost-sensitive
    • Smart Foundation Flex Variable Annuity offers flexibility and can meet your needs if you are nearing retirement and anticipate taking income soon
    • Smart Foundation Plus Variable Annuity offers greater accumulation potential over a longer period with purchase payment enhancements on all deposits*

*Withdrawals taken within 12 months of deposit will result in the forfeiture of the purchase enhancement.

Optional benefits can complement your variable annuity. Please note that these products are optional, carry additional cost, and are available only through the purchase of a variable annuity product.

Investors should consider the investment objectives, risks, charges, and expenses of a variable insurance product carefully before investing.  Please carefully read the prospectuses for the relevant variable insurance product and its underlying investment options, which contain this and other information about the product. 

Contact a Penn Mutual Advisor who can help you determine your needs and choose the right products for you. All information will remain strictly confidential.

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