Annuity Contract Ownership Annuitant Driven Contract
|
|
- Silvester Williamson
- 6 years ago
- Views:
Transcription
1 Annuity Contract Ownership Annuitant Driven Contract Brought to you by the Nationwide Advanced Sales Team NFM-1075AO.8 (5/ 13))
2 Some things you need to know CIRCULAR 230 DISCLOSURE: To comply with US Treasury Department regulations, we inform you that unless otherwise expressly indicated, any tax advice as contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, by any person other than nationwide and its affiliates, for the purpose of (i) avoiding penalties that may be imposed under the Internal Revenue Code or any other applicable tax law, or (ii) promoting, marketing or recommending to another party any transaction, arrangement or other matter. Federal tax laws are complex and subject to change. Neither the company nor its representatives give legal or tax advice. Please talk with your attorney or tax advisor for answers to your specific questions. When evaluating the purchase of a variable annuity, your clients should be aware that variable annuities are long-term investment vehicles designed for retirement purposes and will fluctuate in value; annuities have limitations; and investing involves market risk, including possible loss of principal. 2
3 Some things you need to know All guarantees and protections are subject to the claims-paying ability of Nationwide Life Insurance Company, and do not apply to variable underlying investment options. Before investing, please encourage your clients to carefully consider the fund s investment objectives, risks, charges and expenses, which can be found within the product prospectus and underlying fund prospectuses. Both the product prospectus and underlying fund prospectuses can be obtained by writing to Nationwide Life Insurance Company, P.O. Box , Columbus, OH
4 Some things you need to know Life insurance and annuities are issued by Nationwide Life Insurance Company or Nationwide Life and Annuity Company, Columbus, Ohio, member of Nationwide Financial. The general distributor for variable insurance products is Nationwide Investment Services Corporation, member FINRA. 2013, Nationwide Financial Services, Inc. All rights reserved. Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution Not insured by any federal government agency May lose value 4
5 Agenda Part I What is an annuity contract Parties to an annuity contract and their roles Two phases and types of annuity contracts Death benefits: standard and enhanced Required death distributions Part 2 Common annuity contract structures Questions 5
6 The Story of Mom, Glen and Sally Mom had a good son named Glen and a bad daughter named Sally. Unfortunately, most of her life, mom did not know Sally was bad. She trusted Sally with her financial affairs, including naming Sally as executrix of her estate. Sally lived on the West Coast and did not attend to mom when she became ill. As always, Glen took care of mom. 6
7 Annuity purchased for $300,000 Owner - Mom Annuitant - Son Beneficiary - Son No joint owner or contingent owner was named Contract is annuitant driven 7
8 Results at Mom s Death Mom died Annuity did not pay a death benefit Under the contract, proceeds pay to the joint owner if named or contingent owner if named No joint owner or contingent owner was named As a default the contract distribution was payable to mom s estate 8
9 Summary of Outcome Sally, the executrix of the estate, received the distribution. Sally and Glen were equal beneficiaries of the estate. Mom s intent was not accomplished. 9
10 Part 1 Annuity (commercial annuity): A contract between an individual and an insurance company in which the company agrees to make a series of periodic payments to an individual in exchange for a premium or series of premiums. 10
11 Types of Annuities Deferred Variable Deferred Fixed Immediate Variable Immediate Fixed 11
12 Two Phases of a Deferred Annuity Asset accumulation phase - Premiums paid into the contract have the potential to grow on a tax-deferred basis. Payout phase - Income payments are usually disbursed on a regular basis from the contract. 12
13 Two Deferred Annuity Contract Types Owner-driven contract - Owner s death initiates death benefit payment to beneficiary Annuitant-driven contract - Annuitant s death initiates death benefit payment to beneficiary 13
14 Annuitant Driven Characteristics Allows the annuitant to receive periodic payments for the rest of his or her life Offers a death benefit when the annuitant dies Only contract value, subject to CDSC, is distributed when the non-annuitant dies Tax-deferral - the investor pays no taxes on the income and potential investment gains from the annuity until the funds are withdrawn Some annuitant driven contracts may offer death benefit protection for non-owning spouses 14
15 Parties to an Annuity Contract and their Roles Insurance Company Owner Joint Owner Contingent Owner Annuitant Contingent Annuitant Co-Annuitant Beneficiary Primary Beneficiary Contingent Beneficiary Successor Beneficiary 15
16 Owner One who possesses all rights under the contract including the right to: Name and change the annuitant Choose and change the annuity starting date Select (and change before the annuity starting date) a payout election Name and change the beneficiary Request and receive proceeds of a partial or full surrender Allocate funds among different sub-accounts Control status of a systematic withdrawal Change contract ownership to other parties 16
17 Joint Owner Joint owners each possess an undivided interest in the entire contract Joint owners may only be named on non-qualified contracts 17
18 Contingent Owner A contingent owner is entitled to certain benefits under the contract if a contract owner who is not the annuitant dies before the annuity starting date, and there is no surviving joint owner A contingent owner may only be named on non-qualified contracts 18
19 Annuitant The measuring life for providing income benefits under the annuity contract Age determines benefits payable under an annuity Attainment of a given age determines annuity starting date Generally, the annuitant is the person who receives payments during the payout phase 19
20 Contingent Annuitant The individual who becomes the annuitant if the owner and annuitant are two different people and the annuitant dies before the annuity starting date In this situation, the contingent annuitant becomes the annuitant and no death benefit is paid 20
21 Co-Annuitant The individual (generally must be a spouse) whose death, if prior to the annuitization date, pays a death benefit to the primary beneficiary. May only be available for an additional expense or associated with an enhanced death benefit option which includes an additional expense. Usually only available on annuitant driven contracts. 21
22 Primary Beneficiary The individual or entity that receives the death benefit if the annuitant dies before the annuitization date and there is no joint owner 22
23 Contingent Beneficiary The individual or entity that receives the death benefit if the annuitant dies before the annuitization date and there is no joint owner or primary beneficiary 23
24 Successor Beneficiary The successor beneficiary will receive any remaining payments in the event the designated beneficiary dies prior to complete payout 24
25 Primary Beneficiary and Contingent Beneficiary Rights and Roles A contract owner may name more than one beneficiary. Each beneficiary will share the death benefit equally, unless specified otherwise. Beneficiaries are usually paid by class, meaning that no contingent beneficiaries will collect until all of the primary beneficiaries have died 25
26 Death Benefit: Standard vs. Enhanced Standard Death Benefits: (before annuity start date) Total premiums paid to the contract less any withdrawals; or The current value of the annuity contract 26
27 Death Benefit: Standard vs. Enhanced Enhanced Death Benefit Options Accumulated contract values are locked-in on set contract anniversaries such as any contract anniversary or the most recent five year contract anniversary prior to the annuitant s 86th birthday Rate of return is guaranteed on each purchase payment accumulated at a specific interest rate to protect against market downturns Please remember that this is subject to state availability and terms and conditions may vary by product All guarantees are based on the claims-paying ability of the issuing insurance company 27
28 Required Distributions Death of Owner Occurs Before the Annuity Start Date The entire contract value must be: 1. Distributed within the five (5) years of the date of the owner s death; 2. Distributed over the beneficiary s life expectancy distributions must begin no later than one year following the owner s death. Term period for these two options must be based on the beneficiary s life expectancy or a period not extending beyond his or her life expectancy; or 3. Annuitized same distribution terms as #2 apply 28
29 Spousal Exception If the surviving spouse becomes the contract owner upon the death of the owner, he/she may elect to continue as the contract owner. No distributions are required. 29
30 Required Distribution Death of Owner Occurs after the Annuity Start Date Any remaining periodic income payments must be made at least as rapidly as prior to the death of the owner. 30
31 Part 2 Common Annuity Contract Structures Upon the death of the owner does his/her surviving spouse become the owner? Under federal law, the death of the owner generally requires distributions to commence or continue. 31
32 Common Annuity Contract Structures Father wants to maintain control of the contract and have the death benefit payable to his child upon the Father s death. 32
33 Example John is the owner and annuitant His son Sam is the beneficiary Upon John s death, Sam receives the death benefit 33
34 Common Annuity Contract Structures Wife wants to maintain control of the contract and have the death benefit payable to a child (or other third party) upon wife s death 34
35 Example Mary is the owner and annuitant Her daughter Jill is the beneficiary Upon Mary s death, her daughter Jill receives the death benefit 35
36 Common Annuity Contract Structures Husband and wife want a child (or other third party) to receive the death benefit only after both have died 36
37 Example John would be the owner and annuitant. Mary (his wife) would be the contingent owner and contingent annuitant. Jane would be the primary beneficiary. 37
38 Common Annuity Contract Structures Husband and wife want to maintain joint control of the contract until both their deaths with the death benefit payable to a child (or other third party) 38
39 Example Joe and Sue would be the joint owners. Joe would be the annuitant. Sue would be the primary beneficiary, and Jane would be the contingent beneficiary. 39
40 Common Annuity Contract Structures Husband and wife want to name a revocable trust as owner and have the death benefit payable to the trust upon husband s death. 40
41 Example The trust would be the owner, David would be the annuitant, and the trust would be named as beneficiary. 41
42 Common Annuity Contract Structures Husband and wife want to jointly own the contract and have a death benefit paid upon the death of either spouse. Additionally, husband and wife want the surviving spouse to continue the contract upon the death of either spouse. 42
43 Example Paul would be the owner and annuitant. Jodi would be the joint owner and co-annuitant. Both Paul and Jodi would be the primary beneficiaries. 43
44 Revisiting Mom, Glen and Sally What could the mother have done to make this situation come out the way she had intended? 44
45 Questions? Independent Dealer: Financial Institutions: Wirehouse/Regionals: Nationwide Agents: Nationwide Financial Network:
Plan today for tomorrow s destination.
VARIABLE ANNUITY GUIDE Plan today for tomorrow s destination. Waddell & Reed Advisors Select Preferred AnnuitySM 2.0 Waddell & Reed Advisors Select Preferred Annuity 2.0 & SM Waddell & Reed Advisors Select
More informationInvest for tomorrow today
The Best of America IV variable annuity Product guide Invest for tomorrow today Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution Not insured by any federal government agency May
More informationHelp protect those who matter most. The Nationwide Destination SM Series 2.0 variable annuities offer death benefits that can help you leave a legacy.
Nationwide Destination SM Series 2.0 variable annuities Death benefits guide Help protect those who matter most The Nationwide Destination SM Series 2.0 variable annuities offer death benefits that can
More informationMake your money work as hard as you do.
Lifetime Income Track Living benefit guide Make your money work as hard as you do. Your key to retirement income potential. A Nationwide Destination SM Series 2.0 variable annuity with the Nationwide Lifetime
More information12/ A. Titling Options for Your Nonqualified Deferred Annuity Contract
12/15 23236-15A Titling Options for Your Nonqualified Deferred Annuity Contract Planning for Retirement Whether you re approaching retirement or already retired, this is the time when your financial focus
More informationAvoiding common annuity mistakes
Avoiding common annuity mistakes Brought to you by the Advanced Consulting Group of Nationwide Nationwide, the Nationwide N and Eagle, Nationwide is on your side and other marks displayed in this presentation
More informationENHANCE YOUR FINANCIAL LEGACY
ENHANCE YOUR FINANCIAL LEGACY Variable Annuities with Death Benefits For California VAC0225CA-0517 AS YOU PLAN FOR RETIREMENT, PROTECT YOUR LOVED ONES A Pacific Life variable annuity can offer three death
More informationBe out living your life, not outliving your savings.
Talk to your financial advisor to learn more about how an annuity can benefit your retirement plan. Discover the value of an annuity. Be out living your life, not outliving your savings. Discover the value
More informationBusiness planning. Employer-owned life insurance policies
Business planning Employer-owned life insurance policies The effects of the Pension Protection Act of 2006 Some things you need to know about Pension Protection Act As you evaluate which planning strategies
More informationStrong solutions to offer your clients.
Strong solutions to offer your clients. A guide to annuities, strategies and support from Nationwide Financial. Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution Not insured by
More informationNationwide Secure Growth SM fixed annuity. Your 5-minute guide. Can your future be more secure?
Nationwide Secure Growth SM fixed annuity Your 5-minute guide Can your future be more secure? A smart way to save for your future When it comes to retirement, you want to do everything you can to ensure
More informationNationwide Quatro Select Annuity. Spend more time with the people who matter most and less time planning for retirement.
Spend more time with the people who matter most and less time planning for retirement. Nationwide Quatro Select Annuity Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution Not insured
More informationMake your money work as hard as you do
Lifetime Income Track Living Benefit guide Make your money work as hard as you do Your key to retirement income potential The Nationwide Destination SM Architect 2.0 variable annuity with the Nationwide
More informationNationwide Clear Horizon Fixed & Indexed Annuity. Spend more time with the people who matter most, and less time planning for retirement.
Spend more time with the people who matter most, and less time planning for retirement. Nationwide Clear Horizon Fixed & Indexed Annuity Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution
More informationNScore Flex. Features and Optional Benefits. Protect. NScore Variable Annuities. Safeguard your investment and guarantee your payments.
O NScore Variable Annuities NScore Flex Features and Optional Benefits Protect Plan Accumulate NScore Flex variable annuity is a tax-deferred vehicle designed for retirement planning. Safeguard your investment
More informationInvest in your future
Investment choices performance report September 30, 2018 Multiflex SM Invest in your future Answers to frequently asked questions. What you should know about purchasing a variable annuity What is a variable
More informationHelp protect your standard of living in retirement. Consider an alternative to traditional savings options. Nationwide Summit fixed indexed annuity
Nationwide Summit fixed indexed annuity Case study Help protect your standard of living in retirement Consider an alternative to traditional savings options We ve experienced a lot of market volatility
More informationLeave A Legacy With The Inheritance Enhancer
Leave A Legacy With The Inheritance Enhancer Issued by Great American Life Insurance Company Inheritance Enhancer An optional rider from Great American Life Insurance Company When you purchase an indexed
More informationInvest in your future
Investment choices performance report January 31, 2015 MFS Spectrum Annuity Invest in your future Answers to frequently asked questions. What you should know about purchasing a variable annuity What is
More informationNationwide Trio Select+
Spend more time with the people who matter most and less time planning for retirement. Nationwide Trio Select+ SM Fixed Annuity Not a deposit Not FDIC or NCUSIF insured Not guaranteed by the institution
More informationBuild Your Income And Leave A Legacy With The IncomeSustainer Plus
Build Your Income And Leave A Legacy With The IncomeSustainer Plus Issued by Great American Life Insurance Company IncomeSustainer Plus An optional rider from Great American Life Insurance Company When
More informationChoose a new path for your retirement future.
Choose a new path for your retirement future. Nationwide New Heights Fixed Indexed Annuity Guarantees and protections are subject to the claims-paying ability of Nationwide Life and Annuity Insurance Company.
More informationNationwide New Heights Fixed Indexed Annuity
Nationwide New Heights Fixed Indexed Annuity Fixed Indexed Annuity Hypothetical Illustration Report Prepared for: Prepared on: Valued Client 10/13/2014 Prepared by: Shurwest Financial The purpose of this
More informationInvest in your future
Investment choices performance report March 31, 2018 Nationwide Variable Annuity Invest in your future Answers to frequently asked questions. What you should know about purchasing a variable annuity What
More informationLife insurance. Quick reference. Protecting what matters most in life
Life insurance Quick reference Protecting what matters most in life The confidence of knowing you ve prepared As difficult as it is to think about, the unexpected can change everything. Life insurance
More informationAccumulating Funds in an Annuity: A Deferred Fixed Interest and Indexed Annuity Review
Accumulating Funds in an Annuity: A Deferred Fixed Interest and Indexed Annuity Review Did you know that an annuity can be used to systematically accumulate money for retirement purposes, as well as to
More informationCaring for longer than a lifetime
Life insurance Caring for longer than a lifetime Your 5-minute Guide Life goes on prepare for it Your love for your family will live forever. However, we all know we won t live forever. Life insurance
More informationINNOVATIONS SELECT Variable Annuity Fact Sheet
PACIFIC INNOVATIONS SELECT Variable Annuity Fact Sheet Why a Variable Annuity A variable annuity, like Pacific Innovations Select, is a long-term contract between you and an insurance company that helps
More informationLifetime Withdrawal GuaranteeSM
Lifetime Withdrawal GuaranteeSM ANNUITIES VARIABLE Brighthouse Prime Options SM Variable Annuity Annuities are issued by Brighthouse Life Insurance Company. Guarantees are subject to the financial strength
More informationHelp protect your legacy. The Nationwide High Point Enhanced Death Benefit rider, available on Nationwide New Heights 12 fixed indexed annuity
Nationwide High Point Enhanced Death Benefit Guide Help protect your legacy. The Nationwide High Point Enhanced Death Benefit rider, available on Nationwide New Heights 12 fixed indexed annuity Not a deposit
More informationGettechnical Inc. Gettechnical Inc.
Gettechnical Inc. The material used in this text has been drawn from sources believed to be reliable. Every effort has been made to assure the accuracy of the material; however, the accuracy of this information
More informationHelp protect your legacy. The Nationwide High Point Enhanced Death Benefit rider, available on the Nationwide New Heights 9 fixed indexed annuity
Nationwide High Point Enhanced Death Benefit guide Help protect your legacy. The Nationwide High Point Enhanced Death Benefit rider, available on the Nationwide New Heights 9 fixed indexed annuity Not
More informationODYSSEY Variable Annuity Fact Sheet
PACIFIC ODYSSEY Variable Annuity Fact Sheet Why a Variable Annuity A variable annuity, like Pacific Odyssey, is a long-term contract between you and an insurance company that helps you grow, protect, and
More informationIncomeSustainer Plus B NW
B1095813NW IncomeSustainer Plus a guaranteed income and death benefit rider from Great American Life Insurance Company, a member of Great American Insurance Group Account value We use this value to calculate
More informationHelp Preserve Wealth for Your Beneficiaries
Help Preserve Wealth for Your Beneficiaries Using a Stretch Variable Annuity Strategy 6/15 23187-15B Consider a Pacific Life Variable Annuity A variable annuity is a long-term contract between you and
More informationAllstate ChoiceRate Annuity
Allstate ChoiceRate Annuity Allstate Life Insurance Company P.O. Box 660191 Dallas, TX 75266-0191 Telephone Number: 1-800-203-0068 Fax Number: 1-866-628-1006 Prospectus dated October 2, 2017 Allstate Life
More informationMake the most of your retirement
Nationwide New Heights 9 Fixed indexed annuity guide Make the most of your retirement Consider a solution that offers growth potential while helping you protect your investment NH 9 Nationwide New Heights
More informationYour retirement. Your way. Customize your retirement income with INCOME Promise Select.
Nationwide INCOME Promise Select Fixed Immediate Annuity Guide INCOME Promise Select Your retirement. Your way. Customize your retirement income with INCOME Promise Select. Not a deposit Not FDIC or NCUSIF
More informationInvest in your future
Investment choices performance report August 31, 2018 Waddell & Reed Advisors Select Plus Annuity SM Invest in your future Answers to frequently asked questions. What you should know about purchasing a
More informationInvest in your future
Investment choices performance report September 30, 2018 Waddell & Reed Advisors Select Annuity SM Invest in your future Answers to frequently asked questions. What you should know about purchasing a variable
More informationIRA Custodian Disclosure Statement and Plan Agreement
IRA Custodian Disclosure Statement and Plan Agreement Retain these pages for your records. Custodian disclosure statement The following information is provided to you by the Custodian (as specified on
More informationVOYAGES Variable Annuity Fact Sheet
PACIFIC VOYAGES Variable Annuity Fact Sheet Why a Variable Annuity A variable annuity, like Pacific Voyages, is a long-term contract between you and an insurance company that helps you grow, protect, and
More informationCHOICE Variable Annuity Fact Sheet
PACIFIC CHOICE Variable Annuity Fact Sheet NO WITHDRAWAL CHARGE OPTION Why a Variable Annuity A variable annuity, like Pacific Choice, is a long-term contract between you and an insurance company that
More informationMake the most of your retirement.
Nationwide New Heights 8 Fixed Indexed Annuity Guide Make the most of your retirement. Consider a solution that offers growth potential while helping you protect your investment. NH 8 Nationwide New Heights
More informationENHANCED INCOME SELECT
ENHANCED INCOME SELECT Guaranteed Lifetime Withdrawals, Regardless of Market Performance Optional Benefit with Pacific Life Variable Annuities VAC0070-0518 WHY A PACIFIC LIFE VARIABLE ANNUITY A variable
More informationInvest in your future
Investment choices performance report September 30, 2018 Waddell & Reed Advisors Select Preferred Annuity SM Invest in your future Answers to frequently asked questions. What you should know about purchasing
More informationUnderstanding trust-held nonqualified annuities
Understanding trust-held nonqualified annuities Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York AMK-326-N Page 1 of 6 About trust-held nonqualified annuities
More informationBusiness Planning. Key Person Insurance. Who is your most valuable employee?
Business Planning Key Person Insurance Who is your most valuable employee? 2 Add life to your business Every company has that one person the star, if you will who really drives profitability. It could
More informationCHOICE Variable Annuity Fact Sheet
PACIFIC CHOICE Variable Annuity Fact Sheet Why a Variable Annuity A variable annuity, like Pacific Choice, is a long-term contract between you and an insurance company that helps you grow, protect, and
More informationNo bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency
Understanding annuities An Overview for Your Retirement No bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency 2/15 13096-15A Contents Get Ready
More informationInvest in your future
Investment choices performance report August 31, 2018 Waddell & Reed Advisors Select Preferred Annuity 2.0 SM Invest in your future Answers to frequently asked questions. What you should know about purchasing
More informationMake the most of your retirement.
Make the most of your retirement. Take comfort in a plan that offers growth potential while helping you protect your investment. Nationwide New Heights fixed indexed annuity guide Not a deposit Not FDIC
More informationGive your beneficiaries an Edge
Enhanced Death Benefit Rider Give your beneficiaries an Edge Not a bank or credit union deposit, obligation or guarantee May lose value Not FDIC or NCUA/NCUSIF insured Not insured by any federal government
More informationQ&A Advanced Markets Edition. Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York
Q&A Advanced Markets 2017 Edition Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York P AMK-118-N Page 1 of 76 When business matters leave the realm of the ordinary,
More informationENHANCED LIFETIME INCOME BENEFIT 2
ENHANCED LIFETIME INCOME BENEFIT 2 Guaranteed Lifetime Withdrawals, Regardless of Market Performance FAC0107-0517 Optional Benefit Available with Pacific Index Advisory SM Fixed Indexed Annuity ENHANCED
More informationAIM Lifetime Plus/SM/ II Variable Annuity
AIM Lifetime Plus/SM/ II Variable Annuity Allstate Life Insurance Company Street Address: 5801 SW 6th Ave., Topeka, KS 66606-0001 Mailing Address: P.O. Box 758566, Topeka, KS 66675-8566 Telephone Number:
More informationMake the most of your retirement
Nationwide New Heights 10 Fixed indexed annuity guide Make the most of your retirement Consider a solution that offers growth potential while helping you protect your investment NH 10 Nationwide New Heights
More informationAMERICAN FIDELITY ASSURANCE COMPANY
AMERICAN FIDELITY ASSURANCE COMPANY American Fidelity Separate Account B AFAdvantage Variable Annuity American Fidelity Separate Account C AFMaxx 457(b) Group Variable Annuity Supplement Dated July 31,
More informationYour guide to Nationwide New Heights Fixed Indexed Annuity
Your guide to Nationwide New Heights Fixed Indexed Annuity Nationwide High Point 365 Lifetime Income Benefit rider Nationwide High Point Enhanced Death Benefit rider This product is not effective until
More informationNo bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency
Understanding iras A Summary of Individual Retirement Accounts No bank guarantee Not a deposit May lose value Not FDIC/NCUA insured Not insured by any federal government agency 11/13 23038-13B Contents
More informationLeimberg s Think About It
Leimberg s Think About It Think About It is written by Stephan R. Leimberg, JD, CLU and co-authored by Linas Sudzius OCTOBER 2010 #416 TRUTHING THE STRETCH WHAT FINANCIAL PROFESSIONALS NEED TO KNOW INTRODUCTION
More informationGetting to Know AMERICA S MARKETFLEX VUL. America s marketflex VUL
Getting to Know AMERICA S MARKETFLEX VUL America s marketflex VUL I want to protect our future both my children s and mine. Now that our retirement plan and IRA contributions are maxed out, I also want
More informationVariety of investment options. Guarantees protected by an insurance component. Diversified Investment Portfolio. No Limit on Annual Investment
CHAPTER 8 Investment Products and Markets: VARIABLE ANNUITY CONCEPTS OF variable annuity Like an IRA that is not deductible Tax deferred investment vehicle Variety of investment options Guarantees protected
More informationVALUE SELECT Variable Annuity Fact Sheet
PACIFIC VALUE SELECT Variable Annuity Fact Sheet Why a Variable Annuity A variable annuity, such as Pacific Value Select, is a long-term contract between you and an insurance company that helps you grow,
More informationNWL PROTECTOR CONSUMER INFORMATION DISCLOSURE BROCHURE. A Flexible Premium Deferred Annuity
NWL PROTECTOR ONE CONSUMER INFORMATION DISCLOSURE BROCHURE A Flexible Premium Deferred Annuity Group Policy Form 01-1129-03 and State Variations Certificate Form 01-1129C-03 and State Variations The NWL
More informationJMX1059CEPPT 08/17 05/13
This presentation is meant to provide education on the content being presented and is intended for financial industry professionals. It is not intended for use with the general public. Firm and state variations
More informationNationwide New Heights Fixed Indexed Annuity
Fixed Indexed Annuity Fixed Indexed Annuity Hypothetical Illustration Report Prepared for: Prepared on: Valued Client 6/24/2015 Prepared by: Sample NC The purpose of this hypothetical illustration is to
More informationRetirement plan redemption fees and trade restrictions. Frequently asked questions. Know which trading activities trigger fees and restrictions
Retirement plan redemption fees and trade restrictions Frequently asked questions Know which trading activities trigger fees and restrictions 1 The ability to move your retirement plan assets to meet
More informationSOCIAL SECURITY STRATEGIES
SOCIAL SECURITY STRATEGIES The Restricted Application for Spousal Benefits 12/16 23175-16A MAKING SOCIAL SECURITY WORK FOR YOU The Social Security eligibility rules are generally the same for everyone
More informationWhole life insurance. Quick reference. The promise of life insurance
Whole life insurance Quick reference The promise of life insurance Keep your promise As a spouse or parent, you ve made a commitment to take care of and provide for your family. If you ve built your own
More informationSTATEMENT OF BENEFIT INFORMATION
STATEMENT OF BENEFIT INFORMATION CONTRACT SUMMARY Pacific Life Insurance Company P.O. Box 2378 Omaha, NE 68103-2378 (800) 722-4448 Contract Owners (800) 722-2333 - Registered Representatives/Producers
More informationProtective Dimensions
Protective Dimensions Variable Annuity Profile PAC.3284 (03.12) Protective Life variable annuities have been designed specifically to help you more effectively prepare for and experience retirement. Our
More informationNicholson Financial Services, Inc. March 15, 2018
Nicholson Financial Services, Inc. David S. Nicholson Financial Advisor 89 Access Road Ste. C Norwood, MA 02062 781-255-1101 866-668-1101 david@nicholsonfs.com www.nicholsonfs.com Variable Annuities Variable
More informationGuaranteeing an Income for Life: An Immediate Income Annuity Review
Guaranteeing an Income for Life: An Immediate Income Annuity Review The biggest financial risk that anyone faces during retirement is the risk that savings will be depleted...the risk that income will
More informationThe 5-minute guide to variable annuities
The 5-minute guide to variable annuities Variable Annuities One investment Multiple possibilities Investing is one of the most intricate components of financial planning. In today s world, investors are
More informationEnter retirement with confidence
Nationwide High Point 365 Lifetime Income Benefit rider Lifetime Income Overview Enter retirement with confidence Nationwide New Heights 12 fixed indexed annuity with Nationwide High Point 365 provides
More informationInvestment choices performance report. April 30, M&T Variable Annuity. Look to your future
Investment choices performance report April 30, 2010 M&T Variable Annuity Look to your future When you have questions we have answers. Nationwide wants you to look to your future. When you invest in an
More informationSAMPLE. PHL Variable Insurance Company Annuity Operations Division PO Box 8027 Boston, MA Telephone (800)
PHL VARIABLE INSURANCE COMPANY A Stock Company PHL Variable Insurance Company ( the Company ) agrees, subject to the conditions and provisions of this contract, to provide the benefits specified in this
More informationMutual of Omaha Investor Services, Inc. Important Disclosure Information regarding. Investments, Fees and Compensation
Mutual of Omaha Investor Services, Inc. Important Disclosure Information regarding Investments, Fees and Compensation Securities and advisory services offered through Mutual of Omaha Investor Services,
More informationameritas Advisor Services A Division of Ameritas Life Insurance Corp.
ameritas Advisor Services A Division of Ameritas Life Insurance Corp. The No-Load Insurance Pioneer client highlights Guaranteed Lifetime Withdrawal Benefit Ameritas No-Load Variable Annuity PF 503 Ed.
More informationPurchase Payments. Annuity Options
CONTRACT SUMMARY Pacific Life Insurance Company P.O. Box 2378 Omaha, NE 68103-2378 (800) 722-4448 Contract Owners (800) 722-2333 Registered Representatives www.pacificlife.com Pacific Secure Income Annuity
More informationIncreasing contributions in your retirement plan account
Retirement Plans Participant education program Increasing contributions in your retirement plan account Importance of retirement plans. Benefits of retirement plans. Taking advantage. 2 Whether or not
More informationThe Individual Annuity
The Individual Annuity ARESOURCEINYOURRETIREMENT AN AGE OF DECISION Retirement today requires more planning than for previous generations. Americans are living longer many will live 20 to 30 years or more
More informationIncome Pay. Optional Guaranteed Lifetime Benefit Rider. Consumer Brochure Z REV Z REV 12-16
Income Pay Optional Guaranteed Lifetime Benefit Rider Consumer Brochure 1 23047Z REV 12-16 23047Z REV 12-16 Drive Your Retirement Decisions For people age 40 and above interested in guaranteed income during
More informationTable of Contents I. Annuities 2 A. Who... 2 B. What... 2 C. Where... 2 D. When... 3 Annuity Phases... 3 a) Immediate Annuity...
Table of Contents I. Annuities 2 A. Who... 2 B. What... 2 C. Where... 2 D. When... 3 Annuity Phases... 3 a) Immediate Annuity... 3 b) Deferred Annuity... 3 E. Why... 4 F. How do I put my money in?... 4
More informationUnderstanding Annuities: A Lesson in Variable Annuities
Understanding Annuities: A Lesson in Variable Annuities Did you know that an annuity can be used to systematically accumulate money for retirement purposes, as well as to guarantee a retirement income
More informationMore Income Now With 5.5% Withdrawals
SunAmerica Income Builder Exclusively for Investors Age 65+ More Income Now With 5.5% Withdrawals Guarantees are backed by the claims-paying ability of American General Life Insurance Company and are based
More informationSummit 5 Fixed Annuity SM
Summit 5 Fixed Annuity SM Single Premium Deferred Fixed Annuity Issued by Delaware Life Insurance Company Product Profile Features Guarantee Period Details Maximum Issue Age 1 85 Premium Amount Free Withdrawal
More informationwho knew... The Nationwide Lifetime Income Rider SM
who knew... The Nationwide Lifetime Income Rider SM Want to know about variable annuities? For you to be truly in the know about the Nationwide Lifetime Income Rider SM (L Inc) we need to give you the
More informationYOUR GUIDE TO Beneficiary Designations
YOUR GUIDE TO Beneficiary Designations 60 Empire Drive Suite 300 St. Paul, MN 55103 Telephone: 651-296-2761 Toll-free: 1-800-657-5757 www.msrs.state.mn.us INTRODUCTION Introduction Beneficiary designations
More informationThe Individual Annuity
The Individual Annuity a resource in your retirement an age of Decision Retirement today requires more planning than for previous generations. Americans are living longer many will live 20 to 30 years
More informationCONSUMER INFORMATION DISCLOSURE BROCHURE. A Flexible Premium Deferred Annuity
NWL PROTECTOR ONE CONSUMER INFORMATION DISCLOSURE BROCHURE A Flexible Premium Deferred Annuity Policy Form 01-1129X-03 and State Variations Not for use in Florida The NWL Protector One Annuity is a long
More informationAccountMax CLIENT GUIDE SINGLE PREMIUM DEFERRED FIXED ANNUITY CL (04/17)
AccountMax SINGLE PREMIUM DEFERRED FIXED ANNUITY CLIENT GUIDE CL 5.1081 (04/17) AccountMax SINGLE PREMIUM DEFERRED FIXED ANNUITY It s comforting to know you have protected your own financial future as
More informationLincoln InvestmentSolutions SM
Lincoln InvestmentSolutions SM RIA variable annuity With options for guaranteed growth and income LINCOLN ANNUITIES Not a deposit Not FDIC-insured May go down in value Not insured by any federal government
More informationMEMBERS Zone Annuity. Prospectus May 2018
MEMBERS Zone Annuity Prospectus May 2018 Issued by: MEMBERS Life Insurance Company Waverly, IA Underwritten and distributed by: CUNA Brokerage Services, Inc. Not insured by FDIC or any federal government
More informationAFAdvantage Variable Annuity from. May 1, 2018
AFAdvantage Variable Annuity from May 1, 2018 AFAdvantage Variable Annuity issued by American Fidelity Separate Account B and American Fidelity Assurance Company PROSPECTUS May 1, 2018 American Fidelity
More informationSUBJECT TO COMPLETION PRELIMINARY PROSPECTUS DATED APRIL 27, 2015
ˆ200GVdJVHz#5ecxc/Š 200GVdJVHz#5ecxc/ RRWIN-XENP144 11.5.22 MARrobej0dc 22-Jan-2015 16:54 EST 807224 COV 1 11* The information in this Prospectus is not complete and may be changed. We may not sell these
More informationTransition to a lifetime of financial security.
A Variable Annuity Guide for Individuals Transition to a lifetime of financial security. MassMutual Transitions Select SM variable annuity Financial security starts with good decisions Your future financial
More informationAnnuities in Retirement Income Planning
For much of the recent past, individuals entering retirement could look to a number of potential sources for the steady income needed to maintain a decent standard of living: Defined benefit (DB) employer
More informationIRA Assets and Rollovers. Unlocking Opportunities at Ages 60 to 70. Retirement SOLUTIONS 12/ A
IRA Assets and Rollovers Unlocking Opportunities at Ages 60 to 70 Retirement 12/15 23077-15A SOLUTIONS Using Rollovers as a Retirement Strategy As you reflect on your retirement goals, a few questions
More information