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IRA'S/Annuities are available. These provide a safe and systematic way to
save money for retirement needs and/or long-term growth, as well as:
Annual, semi-annual, quarterly, monthly, or
monthly Electronic Fund Transfer (EFT) premium payment plans are available
for those who want to make payments on a regular basis.
Single or multiple premium payments for varying
amounts can be made at any time.
Annuity cash value accumulations are always
available upon request by the policyholder.
In event of death, proceeds pass directly to
the named beneficiary avoiding delay, estate settlement costs and publicity.
Benefit payments can be designed by the policyowner
to fit specific annuitant or beneficiary needs, thus providing estate planning
flexibility.
Income tax is deferred on annuity accumulations
until funds are withdrawn from the policy. Interest is credited to both
interest earnings and savings during high income years, deferring income tax
until retirement when taxable income is most likely lower.
Non-qualified annuity life income arrangements are
also income tax favored. A part of each payment is considered return of cost
basis (premiums paid).
An annual statement is provided to the annuity owner
following the end of each calendar year. Summary statements are also available
throughout the year upon request.
Interest rates offered are quite competitive!
A Deferred Annuity is an ideal choice to fund all or a portion of your retirement
savings programs. Contact us today to learn more about this program.
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