Guaranteed Income Later annuity
Want to receive a higher payout than an immediate annuity you can’t outlive? Simply wait to take your f国税局t payment any time between 13 months and up to 30 years from your purchase date. Minimum $10,000 initial premium.
What does a deferred income annuity do?
A Guaranteed Income Later Annuity from 国营农场® 人寿pp王者电子官网 Company and 国营农场 生活 and Accident Assurance company (Residents of NY and WI only) guarantees a retirement income for the future.
You can make the most of a one-time premium payment – often coming from an IRA or 401(k) rollover, 到期存单, inheritance or life insurance payout, or proceeds from the sale of a business – to help you cover your retirement expenses
Policy series informationQualified Longevity Annuity Contract (QLAC)
The IRS mandates that you begin taking Required Minimum Distributions (RMDs) from your qualified fund at age 73. The amount of your RMD is determined by the IRS based on life expectancy. The penalty for not taking an RMD can be 25% of the amount that was not taken on time.1
If you don’t need these RMDs for income, you have the option of adding the QLAC endorsement, which is available for this annuity if funded from a qualified retirement plan or IRA.
Adding a QLAC to your Guaranteed Income Later annuity can give you more flexibility because it enables you to delay your RMD distribution on a portion of your funds until age 85. Consult your tax advisor for individual tax advice.
年度增加
利益选择
Set yourself up to keep pace with inflation. After all, prices for food to utilities will rise over time. By adding this rider to your Guaranteed Income Later annuity at the time of purchase, the payments you receive can increase from 1% to 5% each year. It’s like giving yourself a retirement raise.
披露的信息
This is a general description of coverage. A complete statement of coverage is found only in the policy.
联系你的 州立农场代理 for details on coverage, costs, and restrictions
Neither 国营农场 nor its agents provide tax or legal advice. Please consult your tax, legal, or investment advisor regarding your specific circumstances.
Guarantees are based on the claims-paying ability of the issuing 国营农场 life insurance company.
In a tax-qualified retirement plan, federal-income-tax deferral is provided by the tax-qualified retirement plan. No additional tax deferral is provided by an annuity. You should contact your attorney or tax advisor for more complete information.
pp王者电子官网 policies and/or associated riders and features may not be available in all states, and policy terms and conditions may vary by state.
未投保FDIC
无银行担保
可能失去价值
出具:
国营农场 人寿pp王者电子官网 Company (Not licensed in MA, NY, or WI)
国营农场 生活 and Accident Assurance Company (Licensed in NY and WI)
伊利诺斯州布卢明顿
IL-60.1