Make an investment you can count on to deliver benefits whether you need them today or in the future
Annuities are investment options designed to accept and grow funds from an investor and then, upon "annuitization," pay back a stream of payments to the investor at a later time. Annuities are commonly used as a way to secure a steady cash flow for retirement.
How can your business benefit from an annuity?
Annuities offer business owners a number of key benefits, including:
Tax-deferred growth – During the accumulation phase, only amounts withdrawn from the annuity are taxed. That means annuity owners enjoy tax-deferred growth, which provides greater earnings potential compared to a fully taxable investment.
Paycheck for life – Annuities offer investors the unique right to income for as long as they live. Annuities are the only financial instruments that guarantee you won’t outlive your assets. All guarantees are based upon the claims-paying ability of the issuer.
Wide selection of investments – Contract owners have a choice of sub-accounts in which they can invest. This allows for diversification of assets without a fund-transfer penalty or tax consequence. Some annuities include fixed and variable investment options within the same contract. An annuity is a long-term financial retirement vehicle. Variable investment options are subject to market fluctuations and may lose value.
Protection for your business and family – Annuities can offer additional protection to investors’ beneficiaries, because they are issued by insurance companies. All deferred annuities offer a standard death benefit that guarantees the principal on the annuity (less withdrawals and transfers). And, at a cost, most annuities offer additional death benefit protection.
All guarantees are based upon the claims-paying ability of the issuer.
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.