Retirement Income Strategy

You have worked hard, saved and invested. You have accumulated a nice nest egg for your future. Do you know you can protect it from loss while still growing it? Perhaps it is time to consider a plan that will give you certainty and peace of mind and won’t take your money when the markets go down. A plan that you can count on and know will be there for you in the future. Yes, you can protect and also grow your money to enjoy your life during your retirement years without concern for declining market values. Let us show you how to do just that.

HOW YOUR MONEY GROWS – Your money can grow in one of 2 ways. A guaranteed interest rate that tells you exactly what you will make over the next 12 months or an index that tracks the S&P 500. In the S&P 500 Index, your money is not in the stock market but rather in an index that tracks the market. Since your money is not in the market, there is no risk of any loss in a down market…you participate only in the upside and not in the downside. In the S&P 500 Index, the amount of growth credited to your policy balance each year is determined by either an annually adjustable cap rate or an uncapped participation rate on the policy anniversary. The guaranteed interest rate is also annually adjustable, You may split the allocation of your money between the guaranteed rate and the S&P 500 Index. You can changed the allocation annually.

ANNUAL RESET – Any gains lock in annually to your balance on the policy anniversary date and your opportunity for growth starts fresh and new from that point for the next 12 months. Your principal and locked in gains are contractually guaranteed against any loss. Your money is safe, secure and protected by the financial strength of a mutual life insurance company that is over 135 years old. Your balance never decreases due to market volatility. You have the certainty of knowing the money is actually yours and not just some hypothetical number on an account statement. In a down market environment, the annual reset allows your money to start growing from a higher number when the market recovers. No fees are charged.

SOURCE OF FUNDS – Money from any source (401k, IRA, Savings/Checking Account, CD, etc.) is accepted. IRA’s can be traditional tax-deferred or Roth. Many previous employer or current employer retirement, 401k and Pension plans will allow you to move some or all your current balance into this plan.

INCOME TAXES – Moving the money into this plan does not create a taxable event. The funds remain or become tax deferred and are taxable as normal income only when you withdraw fund from the account. All state and federal tax laws, such as 59 1/2 early withdrawal and Required Minimum Distributions apply.

LIQUIDITY – This is a 7-year contract with 10% penalty-free annual withdrawals. In the case of need for long term care the money can become 100% available. After 7 years, the money becomes fully liquid and functions the same way. Upon the death of the owner, any remaining balance goes to a designated beneficiary.